You can choose between different approaches to compliance |
Feature |
PRO EnterpriseOutsourced |
PRO eXpress Software |
Comment |
|---|---|---|---|
Service Model |
|||
| Web Based Software | Yes ![]() |
Yes ![]() |
No Software Install is necessary |
| Business Analyst managing process | Yes ![]() |
No ![]() |
With outsourcing a Trained Analyst is assigned to your case. Software is supported by email and callback service. |
Compliance Requirement |
|||
| Cafeteria Plan Design | Yes ![]() |
Yes ![]() |
|
| Section 125 Plan Document Preparation | Yes ![]() |
Yes ![]() |
|
| Section 125 Adoption Agreement | Yes ![]() |
Yes ![]() |
|
| Connector Terms and Conditions | Yes ![]() |
Yes ![]() |
|
| Detailed Compliance Plan | Yes ![]() |
Yes ![]() |
|
| Plan Announcement for Employees | Yes ![]() |
Yes ![]() |
|
| HIRD Form Kit for Employee | Yes ![]() |
Yes ![]() |
Both Products are designed to provide complete compliance so they both provide all of the materials required by Mass General Law Chapter 58. |
| Receipt, Scanning and Online Storage (3 yrs)of EE HIRD | Yes ![]() |
Yes ![]() |
|
| Register Company with Mass Connector | Yes ![]() |
Yes ![]() |
|
| Provide Eligibility Feed to Mass Connector | Yes ![]() |
Yes ![]() |
|
| Prepare and execute EE materials for Annual Cafeteria Plan Open enrollment | Yes ![]() |
Yes ![]() |
|
| Accept Section 125 enrollments during the Plan Year | Yes ![]() |
Yes ![]() |
|
| Advise on Fair Share and Free Rider surcharge Calculations | Yes ![]() |
Yes ![]() |
|
| Assist employer in providing Payroll deduction information to the Connector | Yes ![]() |
Yes ![]() |
|
Support Provided |
|||
| Direct Support Provided by a dedicated Analyst via telephone, email and personal visit. | Yes ![]() |
No ![]() |
As you can see the major difference between the Full Service and the Software approach is that with the outsourcing approach an analyst is dedicated to your case and is available for general advice and support. The cost for this support is $300 more per year. |
| Support provided primarily via email | No ![]() |
Yes ![]() |
With the software approach the support is provided by email and a callback facility. If you feel you do not need a lot of support this model is for you and can save you $300 per year. |
Cost |
|||
| Monthly Subscription Fee | $50 | $20 | |
| Alternative Annual Subscription Fee | $195 | $495 | Cost per Employee Kit Mailed | $25 | $25 |