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How it Works?
Select which employees will receive the benefit. Discrimination testing is not required and employers can offer this benefit to all or select employees.
Decide who will fund the account. Although typically fully funded by employees, employers can make the total contributions, a portion of it, or match the employee's (up to the maximum amount).
Select expenses to be reimbursed. Funds are to be used for any transportation and parking expenses associated with an employee's workplace (i.e., daily parking expenses, vanpool [6+ passengers], transportation passes/fare card, etc.).
Create plan document and communication. We will help design a plan document to serve as the employer's guide to explaining and administering the benefit.
Offer enrollment for employees. Flex will coordinate the education and enrollment of employees into FlexTRANSIT through on-site meetings. Once enrollment is complete, we will set up accounts and begin reimbursing them as requested.
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