Section 125 Cafeteria Plans have been approved by Congress since the 1970’s. It allows you as an employer to offer to your employees a program in which their contributions to any health insurance,unreimbursed medical expenses, child-care costs, and other covered expenses are actually subtracted from their gross pay before California and federal income taxes, SDI, and FICA are deducted. This allows you as an employer to save money on these payroll related costs (FICA, FUTA, Workers’ Comp) and gives the employee more take home pay each month.

Employers! You can actually be paid to keep your employees happy!!

AS AN EMPLOYER, YOU CAN CHOOSE TO LET PROVESS ADMINISTER THIS “CAFETERIA PLAN” AT ABSOLUTELY NO COST TO YOU BY LETTING YOUR EMPLOYEES CHOOSE CERTAIN EXCELLENT, ADDED INSURANCE BENEFITS (I.E. LIFE, ACCIDENT, INCOME REPLACEMENT AND CANCER INSURANCE).

Step 1 – You choose Provess to administer the Section 125 “Cafeteria " Plan allowing you to deduct employee contributions to health insurance, Unreimbursed medical expenses and child care costs BEFORE TAXES!

Step 2– Provess holds a special educational meeting with your employees and explains the program to them and how they can actually increase their take home pay while increasing their benefits at the same time.

Step 3– Provess does the rest, including:

• Plan Documentation            • Employee Communications (enrollment)
• Employee Status Changes  • Required Department of Labor Filings
• Discriminatory Testing         • Annual Preparation of I.R.S. Forms 5500

TYPE OF COMPANY

# EMPLOYEES