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Sec. 125 Plan/Cafeteria Plan Administration System.

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Presentation on theme: "Sec. 125 Plan/Cafeteria Plan Administration System."— Presentation transcript:

1 Sec. 125 Plan/Cafeteria Plan Administration System

2 for Administration of Sec. 125 plans: Enrollment, Discrimination testing, Claims administration, Check-writing, and Communications

3 Transfer data from DATAIR’s old FlexPlus System Share data with DATAIR’s other Windows Systems: Pension Reporter RetireDocs Client & Task Manager

4 Easy setup: 1. Sponsor information,

5 2. Plan information

6 Set up Benefit Calendars to automate payments of insurance premiums and participant reimbursements. Set up Payroll Calendars to automate participant contributions.

7 Now define insured benefits: 1. Provider information

8 2. Participant eligibility defined for each defined for each benefit benefit

9 3.Employee, Spouse and family rates.

10 Employee information: easy to enter, easy to retrieve

11 Optimize enrollment with Illustration of Proposed Benefits Show tax $aving$ and increased take-home pay

12 Enrollment and mid-year changes are easy! Indicate the coverage level for elected benefits and FlexPlus calculates the payroll period premium. Enrollment and mid-year changes are easy! Indicate the coverage level for elected benefits and FlexPlus calculates the payroll period premium. Enter flex spending account pay-period elections and FlexPlus calculates the annual amount – and warns you when it exceeds the annual election.

13 Enter spending account claims with as much detail as you need to catch duplicates. Adjudication may be done later or at the same time.

14 FlexPlus will immediately alert you to a possible duplicate claim.

15 Design your own checks...content and layout... or, use our convenient MICR & ACH options.

16 FlexPlus prints detailed check stubs and ACH advice letters

17 Our convenient checkbook register helps you reconcile cash received to payments made.

18 For more information, contact DATAIR’s sales department: (630) 325-2600 or sales@datair.com


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