25E - AGMT - EMPL BENEFITS - Laserfiche WebLink

Home Browse Search

obligation to take affirmative actions to collect monies paid as eontri utinl+s, such as, by way of example, to pursue a check or electronic payment trans Lr fi` m Plan Sponsor or a participant or other contributor or transferor that does no clew. If this I Agreement is terminated mid plan year, Plan Sponsor shall co tinuto be responsible For payment ofadministration fees set forth.in the Plan A Ipticlitiob for the entire plan year. Administration fees shall be calculated on a mil imutI or per participant basis, whichever is greater. For purposes of calculating ees on a per participant basis, the numberof participant shall be determined as of th invmice date and shall_ include any employees terminated mid -year. In adc itioto the administration fees set forth in the Plan Application, TASC shall also be a titled to i payment'from the Plan Sponsor of all expenses and costs reasonably ncuo•ed by it in the administration. of the HSAs, including, but not limited to, reim ursonent for i the cost of debit card. transactions. 19. TASC IiRA-NOT APPLICABLE JI I Fraudulent claims by Plan participants (regardless of whether by use of the d bit card, web submitted, TASC submitted, medical provider or manually submitted) and amount distiibuted to Plan participants that exceed the Plan participants' account balances are the Plan ponsot's i responsibility, unless the overpayment is due to a negligent actor omission on the artgFTASC. TASC also reserves the right to request a deposit or payment when the fund acro nt gees into a negative account balance. Fees are calculated at the ,Minimum Claims Fee ide tifi�d on the Application or enrolled tee whichever is greater. Fees are also calculated on the nu lber';ofhcahh enrolled in the Platt, including terminated employees at the time of invoice. The P an Sponsor is responsible for administration fees fin• the entire Plan year, including the run -out pc iod.,Standard 25E-44 l3 25E-44