Legal Services

Dependent Audits

Many clients are unaware of how they can achieve and maintain lower benefit costs. By ensuring only eligible individuals are covered under benefits plans, we eliminate healthcare claims ineligible dependents incur that drives up benefit costs for all other parties. At FBA, our Dependent Audit Team is prepared to review all covered dependents under each benefit plan against eligibility rules to identify possible ineligible participants. This service helps companies focus on attracting and retaining quality employees.

Form 5500

The IRS, Department of Labor and Pension Benefit Guaranty Corporation jointly developed the Form 5500-series return for employee benefit plans to satisfy annual reporting requirements under ERISA and the Internal Revenue Code. Clients must generally file the return on the last day of the seventh month after their plan year ends. To alleviate the administrative burden on clients, Flexible Benefit Administrators, Inc. (FBA) offers preparation and filing of Form 5500.

Non-Discrimination Testings

A non-discrimination test can be performed when implementing a flexible benefit plan. Under IRS regulations, Section 125 plans benefit from favorable tax treatment. As such, there are certain non-discrimination rules in place to ensure these plans do not favor highly compensated or key employees over other classes of employees. As an optional service, Flexible Benefit Administrators, Inc. (FBA) can provide testing to guarantee these plans are within compliance guidelines and recommend improvements, if necessary, should a benefit program not meet requirements.

Plan Document Preparations

Under ERISA, all employee welfare benefit plans must have a written plan document to identify basic information about the administered benefit programs. Plan document preparations are designed to help ensure clients meet applicable legal requirements under ERISA, the Internal Revenue Code, HIPAA, the Affordable Care Act and more. With our preparation you will receive a formal, written, legal statement listing the provisions of the administered benefits.


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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