Section 125 Administration (cafeteria)

Service 125 Cafeteria Plans

The Cafeteria Plan is a Flexible Employee Benefit Plan that enables employees to choose from a menu of certain fringe benefits and reimburses for those benefits with pre-tax dollars.

Section 125 Cafeteria Flexible Spending Accounts and Premium Only Accounts are designed to give both the employer and the employees the opportunity to save money by offering a tax break. Our services include employee meetings, monthly or weekly reimbursements, plan documents, complete tax filing and discrimination testing. We can assist in making this benefit program effortless from start to finish.

Services Offered include:

  • Premium Only or Full Flexible Benefits
  • Full Administration Services
  • Full Time Employee Education and Enrollment
  • Staff and Consultants
  • Toll Free Customer Service Number For Your Employees to Call
Advantages of a Cafeteria Plan to Employees:
  • Benefits purchased with pre-tax dollars
  • Employees save tax dollars and increase their “take-home” pay
  • Employees enjoy the flexibility of choice in customizing their benefit plan
Advantages of a Cafeteria Plan to Employers:
  • Thorough planning and management can positively effect the bottom line
  • Increased employee morale and retention rate with expanded employee benefits program
  • Employers save on the employer portion of FICA, FUTA, SUTA and Workers' Compensation premiums
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The OptiMed program is not available in the State of Washington and State of Montana. Please check with your UGP sales representative to confirm that OptiMed is available in the state or states in which you may have an interest in offering OptiMed.

 
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