CAFETERIAplans

As part of our continuing commitment to provide our clients with the broadest possible choice of vehicles for tax-favorable treatment, Benefit Management Inc. provides third-party administration of Internal Revenue Code Section 125 Employee Benefit Plans.

These plans, also known as Cafeteria Plans, allow employers to realize substantial tax savings and at the same time serve to attract and retain employees by offering a wide range of customizable benefits. The concept is simple: use payroll dollars that employees are already spending on health and dependent care to provide a tax-free array of premium conversion and flexible spending accounts (FSAs).

This program, when combined with Benefit Management Inc.'s administrative expertise, produces an extraordinary "win-win" for both employers and employees, offering employers the rare opportunity to provide a high-value benefit with a positive impact on profitability.


Follow the links below to learn more. All forms are in .pdf format. Adobe Reader is available free; click here if you need this program.

For Prospective Plan Sponsors:
What is a Section 125 Cafeteria Plan?
Why Sponsor a Cafeteria Plan?
Cafeteria Plan Information Form
Cafeteria Plan Savings Calculator
For Existing Plan Sponsors:
Nondiscrimination Testing Information
Cafeteria Plan Information Form
Employee Enrollment Form
Employee Reimbursement Request Form
Employee Change of Status Forms