Do you need a plan administrator for your Section 125 Flexible Spending Account? Hire us as your plan administrator and we will forgo all plan document fees and instead we will provide ongoing plan administration with current and updated plan documents each year for a monthly fee of the greater of $6/per partipant or $60. Then you can sit back, relax, and enjoy your coffee!
We charge a $6 per month fee for all FSA plan participants, with a minimum charge of $60/mo. For example, if you have five plan participants the monthly fee would be $60, but if you have twenty plan participants the monthly fee would be $120.