Cafeteria/Flex Plan Design and Administration | Duluth, MN | Superior, WI

employee benefit plan

Let us help you set up a Flex Plan for your employees.

Also called Cafeteria Plans, Flexible Benefit Plans allow participating employees to choose among two or more benefits consisting of cash and qualified benefits. See IRC Section 125(d)(1)(B). Employees and employers both benefit with a flex plan as each dollar that passes through the plan on a pre-tax basis avoids payroll taxes like FICA, FUTA, Workers Compensation and Unemployment. Employers save approximately 8% on the amount that is run through the plan and employees save 30% or more!

What benefits can an employer include in a Flex Plan?

Who can sponsor a Flex Plan?

* Note that 2% or greater shareholders of S-corporations
are not eligible to participate in Flex Plans.


Plan Design and Administration

Simply contact JMR Financial Group, Inc., and we’ll walk you through the process.

JMR Financial Group proudly serves Duluth, MN, Superior, WI, and the entire Twin Ports.

Contact Us Today for a Free Initial Consultation.