Click "here" to return to the Schedule of Fees Page. _________________________
Worksite Benefit Plans, Inc. has a standard base fee for our administrative products as published on the Schedule of Fees page. These base fees are subject to broker fee adjustments to allow for commissions to be paid. Allowable adjustments are listed below and must be requested at the time a proposal is requested.
Health Reimbursement Arrangement monthly admin fees
COBRA Set up fee
Typical set up and annual base fee adjustments are $100.00. WBP, Inc. will invoice the fees when adjustments are collected by WBP, Inc. a check will be cut and sent to the applicable broker / agent. If payments to the broker / agent exceed $600 annually a 1099 will be issued per IRS guidelines.
Fee's that are not allowed to be adjusted:
Cafeteria Plan monthly administration fees
Optional administration fees
Monthly COBRA administration fees
***All adjustments must be requested with the proposal request.***