About Facts, inc.
Facts Inc: Your Trusted Third-Party Administration Firm
Facts Inc is an independent third-party administration firm that provides a wide range of services to businesses and organizations. With years of experience in the industry, Facts Inc has established itself as a trusted partner for companies looking for reliable and efficient solutions.
At Facts Inc, we understand that every business has unique needs and requirements. That's why we offer customized solutions tailored to meet the specific needs of our clients. Our team of experts works closely with each client to understand their goals and objectives, and then develops a plan that aligns with those goals.
Our Services
We offer a comprehensive range of services designed to help businesses streamline their operations and improve efficiency. Some of our key services include:
1. Retirement Plan Administration: We provide retirement plan administration services for businesses looking to set up or manage their retirement plans. Our team can help you design, implement, and manage your 401(k), profit-sharing, or other types of retirement plans.
2. Health & Welfare Plan Administration: We also offer health & welfare plan administration services for businesses looking to provide employee benefits such as health insurance, dental insurance, vision insurance, life insurance, disability insurance etc.
3. COBRA Administration: We can assist employers in complying with COBRA regulations by providing notices on behalf of the employer when an employee experiences a qualifying event such as termination or reduction in hours worked.
4. Flexible Spending Account (FSA) Administration: We administer FSA accounts which allow employees to set aside pre-tax dollars from their paychecks into an account which they can use throughout the year on qualified medical expenses like copays or deductibles.
5. Health Savings Account (HSA) Administration: HSAs are tax-advantaged savings accounts used in conjunction with high-deductible health plans (HDHPs). They allow employees to save money on healthcare expenses while reducing taxable income at the same time.
6.Cafeteria Plan/Section 125 Premium Only Plans : A cafeteria plan allows employees to choose between different types of benefits offered by an employer including group health coverage , dental/vision coverage , life/disability insurances etc . Section 125 Premium Only Plans allow employees' share towards premiums paid through pre-tax payroll deductions .
Why Choose Facts Inc?
There are several reasons why you should choose Facts Inc as your third-party administrator:
1.Expertise - Our team consists of highly skilled professionals who have years of experience in the industry . They stay up-to-date on all regulatory changes so you don't have too .
2.Customized Solutions - At Facts Inc , we believe there is no one-size-fits-all solution when it comes to third-party administration . That's why we work closely with each client individually so that they get exactly what they need .
3.Technology - We use state-of-the-art technology platforms which enable us deliver efficient service while maintaining data security standards .
4.Customer Service - At Facts inc., customer service is our top priority . Our dedicated support staff is always available via phone/email/chat support during business hours .
5.Compliance - As your TPA partner , we ensure compliance with all applicable laws/regulations governing employee benefit plans including ERISA,DOL,HIPAA etc..
Conclusion
In conclusion,Facts inc offers comprehensive third-party administration solutions designed specifically for small-to-medium sized businesses across various industries.We pride ourselves on delivering customized solutions backed by expertise,customer service,and cutting-edge technology platforms.Our goal is simple – To make it easy for employers like you focus more time running your business while leaving behind administrative burdens associated with managing employee benefit programs.Let us be your trusted partner today!
factsinctpa.com
