Additional Products

Bringing it ALL under one roof...

Workers' Compensation

BeyondPay Workers' Compensation makes administration easy! A revolutionary product, BeyondPay Workers' Compensation calculates workers' compensation premiums based on your actual payroll, with premiums paid as you process payroll. With no up-front deposits or year-end audit surprises, BeyondPay Workers' Compensation gives you maximum control over Workers' Compensation premiums.  Our program has the most extensive list of carriers in the industry, providing broad coverage for a variety of industries.
 
It's easy to see the benefits of BeyondPay Workers' Compensation:

• No down payment or estimated premiums
• No checks to write, automatic ACH withdrawals 
• No monthly billing fees
• Accurate calculations based on actual payroll, not estimates
• Improved cash flow management
• Reduce the likelihood of year-end audit surprises
• 24-hour toll-free number
• Responsive service from industry experts

BeyondPay makes 401(k) administration easy!

BeyondPay can facilitate all 401(k) plans.  In addition to generating your 401(k) reports, we can also withhold money from paychecks and calculate the employer's share of matching funds.   At your request, we can transfer 401(k) funds any way you want us to, whether you request payment to a third-party vendor through ACH transfer, wire transfer, or third-party check.

Benefits... A consultative approach...

• Ease the Stress of Managing Your Medical Insurance, 401(k) Plans and Other Employee Benefit Programs
• Protect Your Most Valuable Asset -- Your Employees

BeyondPay provides business leaders and human resource professionals at emerging companies and established global corporations with a personalized mult-faceted approach to managing their employee benefit programs.

Beginning with benefits benchmarking, a professional identifies how a client's benefit program compares to other employers in their region, industry, and size; determine appropriate benefit levels; and leverage our market clout to identify the most cost-effective insurance carriers to suit the client's needs.

Value-added services include complete administration and compliance support, communicating all aspects of the benefits program to the workforce, and a host of technology-based systems designed to simplify administration, improve a company's competitive advanatage in the marketplace, and enhance employee appreciation and morale.

Section 125 Plans Can Save You and Your Employees Money...

Section 125 plans fall under two categories: Premium Only Plans (POPs) and Flex Spending Accounts (FSAs). Under each plan employees can save 25-40% by using pre-tax dollars for medical services and products while the employer can save nearly 8% on monies the employees contribute. The difference between the two plans is simple.

For Employees
POPs allow employees to pay the entire portion of their medical premiums (medical, dental, vision) with pre-tax dollars. It may be used only for premiums. Estimating a 20% federal tax rate, 3% state tax rate and 7.65% FICA tax, that’s a savings of over 30% on premiums paid.

FSAs allow employees to pay out-of-pocket medically-related expenses with pre-tax dollars. Employees choose how much they wish to contribute to the account and then draw funds as needed to pay for a wide variety of eligible expenses (including dependent care, dental, vision, co-pays and even commuter expenses). Again, this plan offers 25-40% savings by using pre-tax dollars.

For Employers
POPs allow employers to pay NO matching FICA or FUTA taxes on employee contributions. These add up to a saving of nearly 8% on all employee contributions.

FSAs allow employers to pay NO matching FICA taxes on employee contributions. This is a saving of 7.65% on all employee contributions.