Call Us Today! (866) 639-1662
Alderette Insurance Agency, Inc.
Call Us Today! (866) 639-1662
HR SUPPORT
Some of the HR support services we offer include:
Help with ERISA (Employee Retirement Income Security Act)
Health plans must be administered in accordance with a written plan document called a Summary Plan Description (SPD) which outlines the plan benefits' details and requirements. SPDs are an essential requirement for all employer-sponsored health benefit plans. We help you minimize administration time by providing the ability to create ERISA wrap plan documents, including SPD, distribution practices and compliance support. We'll make sure your plan, fund, or program can pass the four elements of the ERISA coverage test. Lock in benefits with a wrap plan that bundles all of your health and welfare plans into a single plan that can be submitted to the IRS with Form 5500, while incorporating insurance company materials or certificates for reference.
Get A Free POP!
A Section 125 plan (also referred to as a Premium Only Plan or “POP”) is a simple, IRS-approved change in your payroll process that allows you to use pre-tax salary dollars to pay your employees’ share of benefit premiums. Any size employer can take advantage of this special provision of Section 125 of the IRS code. Under a POP, employees will save an average of 30% - 40% on insurance premiums they deduct from their pay. That’s because a POP allows premiums to be deducted on a pre-tax basis. You, the employer, will also save about 7.65% (the FICA match) on every dollar your employees deduct. As a result, both employers and employees profit. Employees reduce their taxable income, which lowers their taxes and increases their take-home pay. You cut your payroll taxes by decreasing your total taxable payroll. Everybody wins – and saves.
Setting up a Section 125 POP is a simple and straightforward process that we can walk you through. It begins by completing a simple one page application. Most POP administrators charge an annual fee of $120. The POP administrator is usually the same as the insurance company you have your group health insurance through, but it doesn’t have to be.
Call us at
(866) 639-1662 or contact us here to find out how to get a free POP!
HR SUPPORT
Some of the HR support services we offer include:
Help with ERISA (Employee Retirement Income Security Act)
Health plans must be administered in accordance with a written plan document called a Summary Plan Description (SPD) which outlines the plan benefits' details and requirements. SPDs are an essential requirement for all employer-sponsored health benefit plans. We help you minimize administration time by providing the ability to create ERISA wrap plan documents, including SPD, distribution practices and compliance support. We'll make sure your plan, fund, or program can pass the four elements of the ERISA coverage test. Lock in benefits with a wrap plan that bundles all of your health and welfare plans into a single plan that can be submitted to the IRS with Form 5500, while incorporating insurance company materials or certificates for reference.
Get A Free POP!
A Section 125 plan (also referred to as a Premium Only Plan or “POP”) is a simple, IRS-approved change in your payroll process that allows you to use pre-tax salary dollars to pay your employees’ share of benefit premiums. Any size employer can take advantage of this special provision of Section 125 of the IRS code. Under a POP, employees will save an average of 30% - 40% on insurance premiums they deduct from their pay. That’s because a POP allows premiums to be deducted on a pre-tax basis. You, the employer, will also save about 7.65% (the FICA match) on every dollar your employees deduct. As a result, both employers and employees profit. Employees reduce their taxable income, which lowers their taxes and increases their take-home pay. You cut your payroll taxes by decreasing your total taxable payroll. Everybody wins – and saves.
Setting up a Section 125 POP is a simple and straightforward process that we can walk you through. It begins by completing a simple one page application. Most POP administrators charge an annual fee of $120. The POP administrator is usually the same as the insurance company you have your group health insurance through, but it doesn’t have to be.
Call us at
(866) 639-1662 or
contact us here to find out how to get a free POP!
HR SUPPORT
Some of the HR support services we offer include:
Help with ERISA (Employee Retirement Income Security Act)
Health plans must be administered in accordance with a written plan document called a Summary Plan Description (SPD) which outlines the plan benefits' details and requirements. SPDs are an essential requirement for all employer-sponsored health benefit plans. We help you minimize administration time by providing the ability to create ERISA wrap plan documents, including SPD, distribution practices and compliance support. We'll make sure your plan, fund, or program can pass the four elements of the ERISA coverage test. Lock in benefits with a wrap plan that bundles all of your health and welfare plans into a single plan that can be submitted to the IRS with Form 5500, while incorporating insurance company materials or certificates for reference.
Get A Free POP!
A Section 125 plan (also referred to as a Premium Only Plan or “POP”) is a simple, IRS-approved change in your payroll process that allows you to use pre-tax salary dollars to pay your employees’ share of benefit premiums. Any size employer can take advantage of this special provision of Section 125 of the IRS code. Under a POP, employees will save an average of 30% - 40% on insurance premiums they deduct from their pay. That’s because a POP allows premiums to be deducted on a pre-tax basis. You, the employer, will also save about 7.65% (the FICA match) on every dollar your employees deduct. As a result, both employers and employees profit. Employees reduce their taxable income, which lowers their taxes and increases their take-home pay. You cut your payroll taxes by decreasing your total taxable payroll. Everybody wins – and saves.
Setting up a Section 125 POP is a simple and straightforward process that we can walk you through. It begins by completing a simple one page application. Most POP administrators charge an annual fee of $120. The POP administrator is usually the same as the insurance company you have your group health insurance through, but it doesn’t have to be.
Call us at (866) 639-1662 or contact us here to find out how to get a free POP!
By using this site, you acknowledge that you have read and agree to the Terms of Service and Privacy Policy. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website. Alderetteinsurance.com is privately owned and operated by Alderette Insurance Agency, Inc. Submission of your information constitutes permission for an agent to contact you with additional information about the cost and coverage details of health plans. Possible options include, but are not limited to Major Medical Plans, Short Term Plans, Dental Plans, Vision Plans, and more. Descriptions are for informational purposes only and subject to change. Insurance plans may not be available in all states. For a complete description, please call 1-866-639-1662 to determine eligibility and to request a copy of the applicable policy. Alderetteinsurance.com is not affiliated with or endorsed by the United States government or the federal Medicare program. We do not offer every Medicare plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1-877-486-2048) 24 hours a day/7 days a week to get information on all of your options. Our company complies with applicable state laws and federal civil rights laws and does not discriminate, exclude people, or treat them differently on the basis of race, color, national origin, ethnic group identification, medical condition, genetic information, ancestry, religion, sex, marital status, gender, gender identity, sexual orientation, age, mental disability, or physical disability.
By using this site, you acknowledge that you have read and agree to the Terms of Service and Privacy Policy. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website. Alderetteinsurance.com is privately owned and operated by Alderette Insurance Agency, Inc. Submission of your information constitutes permission for an agent to contact you with additional information about the cost and coverage details of health plans. Possible options include, but are not limited to Major Medical Plans, Short Term Plans, Dental Plans, Vision Plans, and more. Descriptions are for informational purposes only and subject to change. Insurance plans may not be available in all states. For a complete description, please call 1-866-639-1662 to determine eligibility and to request a copy of the applicable policy. Alderetteinsurance.com is not affiliated with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1-877-486-2048) 24 hours a day/7 days a week to get information on all of your options. Our company complies with applicable state laws and federal civil rights laws and does not discriminate, exclude people, or treat them differently on the basis of race, color, national origin, ethnic group identification, medical condition, genetic information, ancestry, religion, sex, marital status, gender, gender identity, sexual orientation, age, mental disability, or physical disability.
By using this site, you acknowledge that you have read and agree to the Terms of Service and Privacy Policy. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website. Alderetteinsurance.com is privately owned and operated by Alderette Insurance Agency, Inc. Submission of your information constitutes permission for an agent to contact you with additional information about the cost and coverage details of health plans. Possible options include, but are not limited to Major Medical Plans, Short Term Plans, Dental Plans, Vision Plans, and more. Descriptions are for informational purposes only and subject to change. Insurance plans may not be available in all states. For a complete description, please call 1-866-639-1662 to determine eligibility and to request a copy of the applicable policy. Alderetteinsurance.com is not affiliated with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1-877-486-2048) 24 hours a day/7 days a week to get information on all of your options. Our company complies with applicable state laws and federal civil rights laws and does not discriminate, exclude people, or treat them differently on the basis of race, color, national origin, ethnic group identification, medical condition, genetic information, ancestry, religion, sex, marital status, gender, gender identity, sexual orientation, age, mental disability, or physical disability.