Many of our administrative services are available to you for a minimal fee per Plan participant.
The fee is $1.00 per Plan participant per month for administrative services including, but not limited to:
- Establishing a written Plan document
- Assistance obtaining properly executed information sharing agreements
- Account transaction monitoring and approval
- Ongoing compliance assistance
- Plan document updates and reporting to employer
- Disaster backup of data for all Plans
- Consolidated billing, if selected
This fee may be paid by the district or the Plan's providers.
If the district chooses to have the fee paid by its providers, then any provider that declines to pay the fee will be treated as a deselected provider for the Plan. In order to retain the provider, the district must agree to pay the fee. AFPlanServ® has the capability to set up split billing to accommodate such situations.