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Third Party Administration

Section 125 Cafeteria Plans, Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), and Health Reimbursement Arrangements (HRAs).

A Section 125 Cafeteria Plan is an employer sponsored benefits plan that enables employees to pay for certain qualified medical expenses, including health insurance premiums, with pre-tax dollars.


Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) allow individuals with health insurance to allocate money for qualified medical expenses, including deductibles, copays, coinsurance, and monthly prescription costs.  As is also the case with Health Reimbursement Arrangements (HRAs), normally a debit card is provided, sometimes referred to as a “bene card.”

  • FSAs:  A company can administer their own FSA.  Admin costs can be written off as a normal business expense.  However, the company will then have access to protected health information.

  • HSAs:  HSAs require a third party custodian.  

  • HRAs:  There are reporting requirements to be met by the RRE (Responsible Reporting Entity).  Companies are not advised to self-administer.

If an FSA or HRA would benefit your business and your employees, please contact us regarding plan information, education, implementation, and administration.  We invite you to inquire about COBRA administration, as well!