Premium Only Plans
For companies with 1,000 employees or more
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Are your employees paying for their group insurance premiums after taxes are withheld?
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Are you currently an ADP payroll client?
A simple way to reduce taxes for your employees and your company
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Allows group insurance premiums to be withheld pre-tax, according to Section 125 of the Internal Revenue Code
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Reduces employees' taxable income in most cases, which increases take home pay
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Your company Social Security and Medicare tax expense is reduced
The ADP Advantage
Plan highlights
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Implementation assistance to ensure complete integration with existing payroll protocol
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Materials for initial and open enrollment
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Premium Only Plan document and Plan Summary maintained in legal compliance
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Non-discrimination testing/guidelines
Interested in learning more? Contact us or call 1.800.432.4015.
NOTE: ADP's Premium Only Plans are available to ADP payroll clients using AutoPay & EasyPay.