Managing your company's health and welfare plans can be a full-time job. Your HR staff is often overwhelmed with the day-to-day paperwork as well as keeping up with the latest barrage of tax and labor laws affecting health and welfare plans. CyQuest Business Solutions, Inc. can help you work more efficiently and make the most of your health and welfare plans. CyQuest delivers quality and value through innovative, cost-saving services designed to reduce costly and time-consuming administrative functions. We take care of administrative tasks while managing the little details that often cause small to medium size company's big problems. This allows you to focus on your core business objectives…and your company's bottom line.

Health Plan Administration, consulting and HR Solutions by CyQuest:

CyQuest Business Solutions, Inc. offers expert advice and administrative services for Health and Welfare Plans. Often referred to as "cafeteria plans", these plans as described within Section 125 of the Internal Revenue Code enables employers to offer qualified employee benefits paid on pre-tax basis, through salary reduction, instead of on an after-tax basis. This results in increased take-home pay for your employees. In addition, sponsoring companies save on payroll taxes per participating employee.
CyQuest offers Health and Welfare Plan administration and consultation for the following:

• Section 125 Premium Only Plans (POP)
• Section 125 Flexible Spending Accounts (FSA's)
• Section 125 Health Savings Accounts (HSA's)
• Section 105 Healthcare Reimbursement Arrangement (HRA)

In addition to Health and Welfare Plan administration, CyQuest offers administration and consultation for the following:

• Section 132 Transportation Reimbursement Incentive Plans
• Cobra/HIPPA Administration

Our full-service cafeteria plan administration includes:

• Plan design and set-up
• Plan document as well as an adoption agreement
• Summary plan description
• Customized Forms (enrollment, termination, status change, etc.)
• Annual IRS 5500 information return
• Accounting and claims
• Fast reimbursements
• Educate/enroll employees
• Discrimination testing
• And more…

Our goal: to provide total administration of your cafeteria plan while providing expert customer service at an affordable cost.

Request Proposal

Please complete this form to receive a proposal for your health and welfare plan.

For additional information or assistance, please contact us at sales@cyquestHR.com.