Commuter Transit/Parking

Click To View Commuter Educational Video

Flexible Benefit Administrators, Inc. (FBA) first began offering the Commuter Transit/Parking plan in 2000. Since then, our operations have expanded to include hundreds of clients from coast to coast. This account is an employer-sponsored benefit program that allows participants to set aside pre-tax dollars into separate accounts to pay for qualified mass transit, van pooling and parking expenses associated with their commute to work. By offering this plan, employers are able to attract and recruit employees while also obtaining savings on FICA taxes. On average, employees saved 30 percent and employers saved 7.5 percent when this plan was implemented.

According to IRS regulations, a participant may contribute up to a maximum amount of $265 per month to their Commuter Transit/Parking plan, unless a different limit applies according to the benefit plan design.  As one of the nation’s first third-party administrators (TPAs), FBA has all the experience and qualifications you need to design and implement this plan to fit your company’s needs. Our Benefits Team will assist you with compliance according to Section 132(f) of the IRS code and answer any questions you may have in the process. By choosing our company, you alleviate the administrative burden of administering a Commuter Transit/Parking plan to your employees.

The FBA Difference

Benefits Card
The Benefits Card is a convenient option to offer participants to reduce out-of-pocket costs.

Data Processing
Our IT Department has the ability to accept and process data through a multitude of methods.

Administration
FBA works hand-in-hand with your company to provide services your employees will come to depend on for years.

Educational Trainings
Our clients receive education and training sessions for employees and benefits staff.

Customer Service
You will have a dedicated Benefits Team to administer all account aspects for the duration of the contract.

Our Marketplace
FBA has partnered with FSAStore and HSAStore, the one-stop shop for all things FSA and HSA!

Customized Communications
We provide customized communication materials to maximize participant opt in.

Technological Advancements
Our Secure File Transfer Protocol website and mobile application makes managing benefits easy!

Testimonials

Hear It For Yourself

“It's so much easier to use our Flex Spending since FBA started to work with us. We love the turnaround time for claims, the card is so easy to use and not having to validate every single card swipe has been AWESOME!”

L. McKenzie

“You guys have been amazing from the get-go. I truly do appreciate all that you are doing to make business like ours succeed!”

J. Bollen

“Thank you so much for all of your help, you and your team are amazing!”

J. Corrigan

“I want to thank you so much for all the help you have extended to myself and my husband. It was so nice to work with someone who cares about doing their job correctly and about offering the best service they can to their clients. I wish you the best in all that comes your way.”

T. Johnson

“I have so enjoyed working with you and completing this last step in the process. You represent the gold standard of customer service and it is profoundly appreciated.”

J. Hunter

“You are the BEST to work with!””

B. Snead

“The mobile app makes it so easy to manage my account and quickly view my balance, submit a claim, and review my history.”

G. Fitzpatrick

“Great security features! I wish other financial institutions had services like these!”

O. Castillo

“I cannot thank you enough for your time and especially, for making the drive to spend time with each of my employees. Your kind, generous attitude was most helpful when speaking about our new FSA/HSA vendor. I know employees appreciated being able to meet with you 1-on-1.”

A. Stuart

“The transition of our benefit plans was seamless. We were able to communicate directly with our Benefits Team throughout the duration and never had to hassle going through a phone tree.”

J. Haney
Excellence in Administration

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