In order for employers to offer the benefit of pretax insurance premiums, there needs to be legal documentation in place. We offer industry leading service at technology-only prices.
The Department of Labor says…
73% of DOL Audits
result in fines.Total Security
Regardless of employer size, the DOL is targeting Section 125 Plans and is specifically looking to see that all requirements are met, correctly!
Flyte’s Section 125 pays for itself and is compliant with all applicable laws!
$3 million
30 and 100%Audit Alert
The DOL requested $3,000,000 and 30 new employees to enhance their enforcement efforts. This affects 100% of employers with a pretax plan.
It’s more than just a document.
Annual documentation, financial testing, design concerns, FSA compliance, federal reporting and more, are among the many items needed to run a successful Section 125 Plan. For these reasons, most employers with a pretax benefit are not in compliance, and the DOL knows it.
Section 125 Plans are a great benefit and something every employer offering Group insurance should have, but it has to be done right!
Why Are We The Best?
Our Section 125 program ensures compliance and can even pay for itself MANY times over. Just ask us how!
Please download the brochure below and let us help you stay compliant and offer this great benefit.