25A - AGMT FOR FLEX SPENDING - Laserfiche WebLink

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DocuSign Envelope ID: CFCE3443-EF37-4FD4-8DCD-D85D559F77AE c. All weekly manual (check) Participant reimbursements accumulated during the previous week and disbursed from an account owned and operated by the Contract Administrative Firm. The Contract Administrative Firm will process an ACH on a designated day of the week equal to the amount of funds disbursed by the Contract Administrative Firm via check during the previous week, unless other arrangements have been made allowing the Client to push such funds to the Contract Administrative Firm. If a fund push is approved, funds must be received by the Contract Administrative Firm on a designated day of the week. Should funds not be received by the designated day of the week, the Contract Administrative Firm will automatically pull funds from the Funding Account via ACH and additional processing fees will apply as listed in Exhibit A. 9. The Client will ensure that the Funding Account has adequate funds to support transactions described in Section 1.b.8.c. Should the Funding Account not be adequately funded, additional fees will be charged pursuant to Exhibit A. Further, the Contract Administrative Firm reserves the right to cease all reimbursement activity immediately until all funds, including administrative fees owed, are available and paid to the Contract Administrative Firm. Further, the Contract Administrative Firm reserves the right to require that all check reimbursements be made directly from a Client owned bank account using MICR specifications and an authorized Client signature. 10. The Client shall report all Participant terminations and all qualifying change in status events in a written format, including all requested information, to the Contract Administrative Firm prior to the first affected payroll date. Such notice must contain the effective date of the change, the first pay date affected, the new payroll contribution amount, and the new annual election amount (if applicable). Should this information not be provided in a complete or timely manner, the Client agrees to pay any resulting administrative fees which may be incurred in order to process retroactive adjustments to payroll contributions or reimbursement claims processed in error as set forth in Exhibit A. 11. The Client is responsible to review all reporting provided by the Contract Administrative Firm in a timely manner and must provide any corrections in writing. Should such corrections not be identified in a timely and complete manner, the Client agrees to pay any resulting administrative fees required to process such corrections as set forth in Exhibit A. 12. The Client agrees to provide to the Contract Administrative Firm, upon each open enrollment period, all required data necessary to perform non-discrimination testing if required. The Client agrees to report any changes to the Contract Administrative Firm which may affect the ua--. - c IWDG Aannmisxannvc srnvnvs City of Santa Ana Spending Account Administrative Services Agreement Client Initials: PEPM17 Page 8 25A-10