Why do you need Midwest Group Benefits to administer your Flexible Benefits Plan??

Do you have a plan document in your file?    Have you amended your plan to reflect changes you made to your plan during the plan year or to reflect changes in the IRS regulations?    Have your employees received a copy of your Summary Plan Description?    Does your plan pass the required Non-Discrimination Tests?    Do you require that changes be made only during open enrollment periods or if an employee has had a change in family status?

If you answered "No" to any of the above questions, your plan may be out of compliance. The IRS provides for significant penalties for failure to comply with the regulations of Section 125 plans. Penalties vary depending upon the severity of non-compliance. Contact us today to put your plan back in compliance.