• PAYROLL
• Tax and Compliance
• Human Resources
• Benefits
• Time and Attendance
• Insurance Services
• Pre-Employment Services
• Retirement Services
  • Small Business
    • ADP Premium Only Plan
    • Simple IRA
    • Small Business 401(k) plans
  • Mid-Sized Business
  • Large Business
• Professional Employer Organization (PEO)
• Sales and Use Tax
• HR Business Process Outsourcing
• ADP Accounts Payable Solution
• Standalone Services

Premium Only Plans 

• Are your employees paying for their group insurance premiums after taxes are withheld?

• Are you currently an ADP payroll client using AutoPay or EasyPay?

If you answered yes to these questions, then a premium only plan may be just right for you.  It offers a simple way to reduce taxes for your employees and your company.

Benefits:

• Pre-Tax Contributions - allows group insurance premiums to be withheld pre-tax, according to Section 125 of the Internal Revenue Code.
• Reduces Taxable Income - employees' taxable income in most cases can be reduced, which increases take home pay.
• Reduces Expenses - your company Social Security and Medicare tax expenses are reduced.
• Integrates Easily – works with existing ADP payroll services.

Plan Highlights

• Implementation assistance to ensure complete integration with existing payroll protocol
• Materials provided for initial and open enrollment
• Premium Only Plan document and Plan Summary maintained in legal compliance
• Non-discrimination testing/guidelines

Interested in learning more? Contact us or call 1.800.432.4015.