Welcome to the Future of Flexible Compensation Plans!
TPA Systems Inc. (TPAS) is a licensed third party administrator (TPA) that specializes in the implementation and administration of the three most important flexible compensation plans offered to American employees today: the Health Reimbursement Arrangement (HRA), the Section 125 Cafeteria Plan (Flex Plan), and the Health Savings Account (HSA).
There are a few companies out there that offer the same products that we do, but we believe we are better. Here's why:
Tailor-Made Plan Document Coordination: TPAS not only offers flexible compensation plans - we also provide all of the necessary plan documents to legitimize and coordinate your plan offerings. Since every employer situation is different, plan coordination of these three important benefits is crucial. To keep all plans in regulatory compliance, they need to be supported by adoption agreements that specify how the plans will coordinate with one another. TPAS provides tailor-made plan documents that ensure this result.
Debit Card Availability: While not warranted in every situation, TPAS provides employers with the opportunity to present all three flexible compensation benefits to employees on a single debit card. We are on the cutting edge of the digital revolution with respect to providing employee benefits. We also take every precaution to make sure that when your employees receive a debit card from us, the card works properly from day one.
Great Customer Service: We have a tried and true approach to customer service: people! If problems arise, customers know where to call us, and we fix things fast. If employers want to be "hands on", complete with employee and employer access to full service web portals, we will provide those features. If employers want to delegate all plan administration to us, we can do that, too. We offer the technology to facilitate employers getting what they want, the way that they want it. If you need references, we have those too!
Variety and Flexibility of Employer Funding Arrangements: We offer a variety of different claim funding arrangements to employers, as well as the ability to design and administer just about any plan that an employer can think of, no matter how unusual it might be.
Whether your need is an HRA that integrates with your company medical plan in such a way that you can significantly reduce your employer health care costs, or your company needs a flex plan that will allow employees to pay for medical, dental, vision, or prescription expenses on a pre-tax basis, or your company wants to investigate how it can combine an HSA-compatible health plan with both HSA accounts for employees and an HRA for reimbursement of additional expenses, we are the administrator for you!