Award-winning Employee Education and Engagement ProgramEmployer-sponsored healthcare accounts can be hard to understand. That’s why DataPath Administrative Services has adopted a year-round employee education and engagement program for our groups. The Adventures of Captain Contributor, a national-award winning program, is both informative and entertaining. In a series of comic books and videos, Captain Contributor and … More >>
Forms and Materials Library for EmployersWelcome to the Forms and Materials Library. You will find a wealth of information about tax-advantaged benefit accounts, compliance questions and answers, commonly used forms, benefit card and system information, and more. FSA HSA HRA COBRA Bank Draft for Administrative Fees Compliance Services ERISA: Does My Plan Need to be … More >>
COBRA, HIPAA, ACA Reporting and More Describes the different compliance services available from DataPath Administrative Services, including COBRA administration, HIPAA, ERISA, and ACA Reporting. Details which of these services are mandatory for employers under current laws and regulations based on number of employees.
Handy Reference! Don’t know an SMM from a SPD? This handy reference sheet gives detailed but easy-to-understand explanations of the four types of documents required for all ERISA health and welfare benefit plans: Plan Document; Summary Plan Document (SPD); Adoption Agreement; and Summary of Material Modification (SMM).
Eligibility Requirements and Steps to Consider Effective for tax years after December 31, 2010, small employers have been allowed to adopt SIMPLE Cafeteria Plans, which are deemed to meet nondiscrimination requirements as long as the plan sponsor meets certain eligibility, participation, and minimum contribution requirements. This “safe harbor” also covers the non-discrimination requirements applicable to … More >>
QSEHRAs (pronounced “Cue-SERRAs”) Legislation creating the QSEHRA was passed as part of the 21st Century Cures Act in December 2016 and went into effect January 1, 2017. With a QSEHRA, small businesses can reimburse employees tax-free for their medical expenses, including personal insurance premiums. This guide outlines the requirements to sponsor a QSEHRA.
Fastest Possible Claims Payments Health Reimbursement Arrangement (HRA) with Claims Crossover provides for fast HRA claims payments (without employees having to first file a claim or pay an eligible expense) thanks to health claim feeds direct from the carrier. Contact DataPath Administrative Services for more information on your specific situation.
No More “Use It or Lose It” When you offer an FSA with the Carryover option, employees are no longer at risk of “use it or lose it” on their FSA accounts. Adopting the Carryover option can lead to greater employee satisfaction and a higher percentage of employees participating in the plan – which saves … More >>
Annual Return/Report of an Employee Benefit Plan Form 5500 is the form used to file an employee benefit plan’s annual information return with the Dept. of Labor (DOL). Only group plans that have 100 or more enrolled as of the anniversary date each year must file, except for government and church groups. Form 5500 must … More >>
Non-compliance penalties are steep Is the manner in which you are meeting your company’s COBRA obligations compliant with all COBRA rules and regulations? Chances are, it’s not. In fact, the IRS estimates that 90% of all employers who self-administer their COBRA obligations are not compliant. This explainer provides more information on common areas of non-compliance … More >>
Employers and BrokersHeadquartered in Little Rock, we provide professional service with a local touch to our clients and their employees all across the Natural State. Contact us today for a plan consultation. Contact us today! Our Services FSA Administration Services HSA Administration Services HRA Administration Services COBRA Administration Services Payroll Services More About DataPath … More >>
FSA AdministrationBoost your benefits plan and save money on taxes by offering a Flexible Spending Account! Contact us today! Supplementing your healthcare coverage with additional benefits is a priority. With a Flexible Spending Account (FSA), your employees can set aside money pre-tax to help cover their out-of-pocket medical expenses for themselves and their families.Why offer … More >>
HSA AdministrationDo you have an HDHP? Save money and help your employees save on out-of-pocket medical expenses with an HSA. Contact us today! When you offer a high deductible health plan with an HSA, you and your work force can enjoy multiple tax benefits and lower healthcare costs. Any C-Corp, S-Corp, or LLC business entity … More >>
HRA AdministrationOffer a robust benefits package to attract and retain top-quality talent with an employer-funded HRA or QSEHRA! Contact us today! Health Reimbursement Arrangements (HRAs) and Qualified Small Employer HRAs (QSEHRAs) allow both employers and employees to save on the cost of healthcare. These employer-funded accounts help employees with tax-free reimbursement for qualified medical expenses … More >>
COBRA AdministrationCOBRA compliance is crucial to your business. Trust DataPath Administrative Services as your administrator. Contact us today! If your business employs 20 or more people, you are required to offer COBRA insurance coverage. When an employee experiences a qualifying event (job loss, reduction in hours, etc.) that would cause them to lose their healthcare … More >>
Payroll ServicesFocus on running the day-to-day operations of your business and let DataPath Administrative Services handle payroll. Contact us today! DataPath understands the “payroll headache.” Keeping up with different pay rates, pay cycles, changes in tax rates and employee statuses, garnishments, new hires, terminations, etc., can cause a lot of unnecessary stress when employers need … More >>