Section 125 Plan documents
Compliant with ACA Provisions
Non-Discrimination testing and completion of IRS tax forms
In order to offer pretax benefits to your employees you need a Premium-Only Plan. IRS Section 125 allows your employees to pay for their insurance premiums and HSA contributions with tax-free dollars. To offer this plan you need a compliant plan document.
NBS’s POP documents are drafted by ERISA attorneys and are up to date with Affordable Care Act provisions.
You and your employees will save on state and federal taxes, including Social Security and Medicare.
NBS can help you stay on top of updates and regulatory changes that may affect your plan. We can perform the required non-discrimination testing annually. NBS’s staff of compliance professionals have years of experience with Cafeteria and Premium-Only Plans.
Our Document Specialists will work with you to get a document customized to your benefit plan or to amend and restate your old plan to bring it up to date with the most recent regulations.
| Document with Maintenance $150 Plus Annual Maintenance of$150 |
Document-Only $150 One-time document creation fee |
|---|---|
| Electronic Section 125 Plan Document | Electronic Section 125 Plan Document |
| Electronic Summary Plan Description | Electronic Summary Plan Description |
| Non-Discrimination Testing | Optional Service: $150 for hard-copy plan document binder |
| Plan Document Amendments | |
| Emails Notifications for Industry Changes, Non-Discrimination Testing, and Tax Filings | |
| Optional Services: $150 for hard-copy plan document binder $300 for Tax Form 5500 Filing Services (for plans with more than 100 participants) |
Looking for a full Cafeteria plan with Flexible Spending Account (FSA) or Dependent Care Assistance Program (DCAP)?
NBS experts can help you today.
