Benefit Plan Company Setup

Benefit plans feature provides a centralized way to administer benefits such as retirement and health insurance plans.

• Click Company
• Click Company Name
• Click Setup
• Click Benefit Plans
• Click Add

Enter the applicable information.

• Plan Name
• Plan Type: Medical Insurance, Dental Insurance, Retirement Plan, Cafeteria Plan (include medical) and other (include medical)
• Plan Number
• Group Number

Eligibility

By default, employees are:

• • Not Eligible
  • Eligible
  • Eligible after
  • Eligible on 1st of the month after
  • Eligible of 1st quarter after
  • Eligible on 1st of Jan/Jul after
• By default, dependents are eligible.

Deductions:

The employee's portions are associated with a deduction.

• Click the drop down to select.
• The company's portion is associated with a deduction.
• Click the drop down to select.
• Enter applicable Carrier information.  
• Click OK

Note: Benefit plans must have a title but everything else is optional. The user can create as many benefit plans as needed.