How Are We Different? Employers
At Proficient Benefit Solutions, we are big enough to deliver advanced technological solutions and sophisticated administrative outcomes to the market, but small enough to know and truly care about our clients.
Our job is to make your job easier and this is how we do it. We bring our experience, our expertise and our cost effective solutions to the Consumer Directed Healthcare (CDH) marketplace. We take care of our clients. We believe in absolute integrity. We dedicate ourselves to continuous learning and go all out to attain expert level knowledge in the products and services we provide. We are enthusiastic about service and believe that every encounter is an opportunity to earn our client’s trust and loyalty. Finally, we continually look for opportunities to implement innovative solutions making it easier to do business with us.
What We Offer
At Proficient Benefit Solutions we understand CDH and the critical role it plays in your employee benefits program. A well-developed program not only will save you money but it will help attract and retain good employees. Your program deserves the best in service, support, and systems technology. So that’s what we deliver!
Included in our services are:
- An enrollment process tailored to fit your needs.
- Materials designed to help educate you and your employees.
- A self-service employer portal allowing you to stay connected to plans, including plan and participant reporting.
- Proficient Connect, an online portal and mobile App allowing participants to access and manage their accounts 24/7 from their favorite device!
- View balances, submit claims, add receipts, and more from the portal and App.
- Check, on-demand, the eligibility of an item with the eligibility scanner through the App.
- Download transactions into excel for importing into personal accounting software through the online portal.
- Participant alerts and notifications via text and email.
- In addition to our customer service team, participants have 24/7 access to an easy to navigate automated telephone service providing quick access to account balances, recent transaction history, and report a card lost or stolen. Best of all, during normal business hours this service can be easily exited to speak with a highly trained customer service representative.
Let Proficient Benefit Solutions do the work required to ensure your plans are in compliance with the complex and seemingly ever changing rules and regulations. Whether its plan documents, regulatory reporting or compliance testing you need, we have you covered!
Employer Tax Savings Calculator
Employers can use this calculator to help understand the potential tax savings available under a cafeteria plan.
|Enter Gross Payroll Wages per Pay Period|
Total of all Eligible Pre Tax Deductions for all Employees
(Include Medical, Dental, Vision, FSA, etc...)
|Adjusted Taxable Wages per Pay Period||$0|
|Estimated Employer Taxes||$0|
|Estimated Employer Taxes Without Cafeteria Plan|
|Employer Tax Savings Available per Pay Period||$0|
|12 Pay Periods:||$0|
|24 Pay Periods:||$0|
|26 Pay Periods:||$0|
|52 Pay Periods:||$0|
At Proficient Benefit Solutions, we bring experience, expertise and cost effective solutions to the Consumer Directed Healthcare (CDH) marketplace.
Administrative Solutions We Offer
Flexible Spending Account (FSA)
FSAs offer perks and savings for the employer and participants! Employers benefit from lower reported wages (FICA tax savings), enhanced overall benefits package, and improved employee engagement and satisfaction. Employees benefit from increased take-home pay (lower taxable income) and savings on qualified healthcare expenses. It’s truly a win-win benefit!
Health Savings Account (HSA)
Designed to be used with a HSA eligible health plan, HSAs offer perks and savings for the employer and participants! Employers benefit from lower reported wages (FICA tax savings), enhanced overall benefits package, and improved employee engagement and satisfaction. Employees benefit from three tax advantages: no taxes on contributions, no taxes on any interest earned, no taxes on withdrawals for qualified expenses.
Administering COBRA and remaining in compliance with federal mandates requires an enormous investment in time, energy and resources and can become a difficult and time consuming task. At Proficient Benefit Solutions, we know COBRA. Let us use our time, energy and resources so that you don’t have to.
Interested in pricing? Send your proposal request here.
At Proficient Benefit Solutions, we know how difficult and time consuming plan compliance can be. Let us use our time, energy, and resources so you don't have to.
Compliance Solutions We Offer
Premium Only Plan Administration (POP)
A POP is a Section 125 Cafeteria Plan that allows employees to pay for their qualified employer sponsored premium payments on a pre-tax basis. Proficient Benefit Solutions offers seamless administration of POP plans.
ERISA requires all private sector employers, regardless of size, to distribute a summary plan description, (SPD) to all plan participants. The SPD must describe all of the plan rules and benefits; as well as provide key information about the plan. The easiest way for employers to comply with ERISA is to adopt a Wrap document.
At Proficient Benefit Solutions, we are adept at ensuring plans are in harmony with IRS regulations. Our goal is to help clients manage and maintain compliance of their Section 125 plans. For employers and participants to enjoy tax advantages through the use of a Section 125 plan, the plan must be tested to ensure that it does not discriminate in favor of highly compensated employees (HCEs) and key employees. Our solution helps ensure that the Section 125 plan meets all Non Discrimination testing requirements.
Employers, who offer health and benefit plans, as well as large employee welfare benefit plans, must file a Form 5500 every year, reporting their plan’s involvement for the year. The Form 5500 is a critical document which must be accurate and submitted on time. Avoid penalties for non-compliance. Let Proficient Benefit Solutions help today!
Interested in pricing? Send your proposal request here.