Plan Administration – Employee Benefits

With CFO, Inc., you can rest assured that we will develop an employee benefits program that will benefit both the employer and the employee.

We will work with the client to design plans, whether the plan is a 401(k), Roth 401(k), group health plan, Flexible Savings Account (FSA), Health Reimbursement Arrangement (HRA), a Health Savings Account (HSA), or a combination thereof.

Our process for developing these plans involves meeting with the client to evaluate their objectives, obtaining an employee census, discussing IRS reporting issues, conducting product evaluation, and then estimating tax savings and plan costs. Once this information has been gathered, CFO, Inc. will begin the plan design process, obtain quotes from the insurance companies, and present recommendations to the client.

After the scope of benefits and the products has been determined, CFO, Inc. will schedule group presentations and enrollment meetings. CFO, Inc. will also meet with your employees on a one-on-one basis to discuss personal goals and objectives. A post-group presentation conference will be held with you to review responses from employees, and to identify the tax savings to you, the employer, and the employees.

At CFO, Inc., we have qualified professionals to handle all of the administration aspects of your plan, whether it is a 401(k), Roth 401(k), group health plan, FSA, HRA, and/or HSA. CFO, Inc. can relieve you of the day-to-day responsibilities of administering your employee benefits, which can enable you to focus on what you do best – run your business!

For more information on our services, phone or email us today.