Alliance Benefit Group has been providing consulting and administrative services for IRC Section 125 programs for over 25 years, including:

• Premium-Only Plans
• Flexible Spending Accounts for:
• Medical Expense Reimbursement
• Dependent Care Expense Reimbursement
• Limited-Purpose FSA for use in conjunction with an HSA
• “True Cafeteria Plan”

We offer a full range of Flexible Spending Account services, including:

• Plan Design
• Plan Consulting
• Plan Communication
• Claims Adjudication
• HSA / HRA Integration
• Payroll Integration
• Participant Debit Card
• Quarterly Participant Statements
• Annual Compliance Testing
• 5500 Preparation
• Participant Website
   

The key factors to setting up cafeteria plans are:

•  Communication and Education
•  Enrollment Meetings
•  Plan AdministrationCommunication and Education

Establishing a successful acceptance of your cafeteria plan by your employees requires an easily understood communications package. Alliance Benefit Group Services, Inc. (ABGS) will provide a custom designed package to meet the specific needs of your employees. Whether it is in print, audio visual, or Internet based, the application is an integral part of an effective communication.

• Announcement letter
• Informational brochure
• Employee expense worksheet
• Dependent care expense worksheet
• Enrollment forms

Enrollment Meetings
The process begins with the employee announcement letter, inviting them to attend the company sponsored group orientation meeting. An audiovisual presentation will be displayed at the group orientation meeting educating your employees on the features and benefits of your cafeteria plan. Employees have the opportunity to meet with a benefits consultant and review their various concerns:

• Medical and dependent care expenses
• Tax credits and “use it or lose it” provision
• Work sheet assistance

Plan Administration Services
ABGS will provide the following administrative services:

• Annual open enrollment meetings
• Annual employee election and per pay period report to employer
• Monthly contribution report by pay period
• Processing of all reimbursement requests
• Customized administration forms and manual
• Customized of Plan Document and Summary Plan Description
• Assistance with Plan Amendments, Summary of Material Modifications, & Board Resolutions
• Reimbursements processed weekly (direct deposit or check)
• Weekly reimbursement check register to employer
• Weekly ACH of claims from employer
• Quarterly Account Statements to packaged and delivered to employers
• Participant toll free line of 1 877 661-4727
• Internet claim access www.myabg.com