FSA Providers

FSA providers administer flexible spending accounts, offering services to employers and employees for managing pre-tax benefit accounts used to pay for eligible healthcare and dependent care expenses.
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Product Info

Min. Group Size

1 eligible

Lives Serviced

5,000

Average Cost

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A Dependent Care Account (DCA), authorized under IRS Code Section 129, is a tax-saving benefit—not an insurance plan. It allows employees to use pre-tax dollars to pay for eligible child care and dependent... Show More
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Company Overview

Founded

2004

Employees

83,270

Funding Summary

Not Provided

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About Optum Financial

Optum Financial is at the crucial connection between health care, finance, and technology.​ We’re a highly-connected, health care payments ecosystem designed to reduce friction and increase affordability.​ Our vision is to transform how health care is financed and paid for.​


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Min. Group Size

1 eligible

Lives Serviced

2,200,000

Average Cost

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TASC is a nationwide leader in Flexible Spending Account (FSA) administration, offering Medical FSAs, Dependent Care FSAs, and Limited Purpose FSAs.

Dependent Care FSAs support work-related childcare and elder care...
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Min. Group Size

1 eligible

Lives Serviced

104,408

Average Cost

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Dependent Care FSA (DC-FSA) - Covers qualified dependent expenses like daycare.
• We offer multiple FSAs for unique needs and lifestyles.
• There’s straight-forward claims submission, substantiation, and reimbursement online or...
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Product Info

Min. Group Size

1 eligible

Lives Serviced

6,873

Average Cost

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ThrivePass provides comprehensive Dependent Care administration services including customer service, enrollment, claim adjudication, and participant reimbursement. Participant claims are reviewed, entered into our system, and audited daily with check mailings and/or direct deposits... Show More
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Product Info

Min. Group Size

300 eligible

Lives Serviced

-

Average Cost

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Why Benepass FSA
Modernize the employee experience. Employees can easily access and manage their FSAs/DCFSAs through a web app and mobile app. They receive a virtual FSA card in our app along...
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Product Info

Min. Group Size

10 eligible

Lives Serviced

4,000

Average Cost

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InComm Benefits' Flexible Spending Account (FSA) solution helps employees pay for eligible healthcare expenses using pre-tax dollars while simplifying administration for employers.

Employers benefit from streamlined administration, compliance support,...
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Company Overview

Founded

1986

Employees

2,600

Funding Summary

None

Clients Your Size Clients Your Size

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About isolved

isolved® is a Workforce Capital Management company — the next evolution of HCM, where human workers and AI agents are governed together on a single system of record, with the same visibility, accountability and lifecycle management. isolved People Cloud™ is a connected platform of action that brings together HR, payroll, benefits, workforce management and talent management, with practical AI built to own outcomes: catching payroll errors before they happen, guiding employees through benefits enrollment, and surfacing compliance risks before they become problems. Built on 40 years of benefits-first HCM expertise and trusted by more than 200,000 employers and 9 million... Show More
Product Info

Min. Group Size

-

Lives Serviced

300,872

Average Cost

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Fidelity’s Flexible Spending and Reimbursement Account offering is supported by a completely cloud-based Health and Benefit Accounts platform that allows us to extend the employee and employer experience to support health care, dependent... Show More
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Product Info

Min. Group Size

20 eligible

Lives Serviced

350,000

Average Cost

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A flexible spending account (FSA) is a benefit that offers money-saving, tax-advantaged funds for participants to use on their everyday health and dependent care expenses. Employers choose from health care, limited health, and/or... Show More
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Min. Group Size

1 eligible

Lives Serviced

4,685,192

Average Cost

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For more than two decades, HealthEquity has offered an intuitive FSA solution to tens of thousands of clients, delivering exceptional savings and outstanding support to members. Our FSA service includes health care, dependent... Show More
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Product Info

Min. Group Size

1 eligible

Lives Serviced

553,375

Average Cost

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Inspira’s FSA solution gives employers and their participants a straightforward, modern way to manage tax-advantaged benefits. Our Health Care FSA helps employees make their budgets go further by setting aside pre-tax funds for... Show More
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Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

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When employers partner with Pinnacle for their healthcare FSAs, limited purpose FSAs, dependent care FSAs, and/or qualified transportation FSAs, everyone wins. Employers receive compliant administration of their pre-tax plans with competitive, transparent pricing... Show More
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Product Info
Company Overview

Founded

1986

Employees

300

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About FloresHR

For almost 40 years, FloresHR has delivered Benefit, Leave and Compliance solutions that make life easier for HR teams and their employees through industry-leading technology, people and processes. Our solutions are highly-rated by employees, preferred by employers and recommended by brokers across the nation. We offer a comprehensive suite of reimbursement and savings accounts; leave administration expertise; and complete compliance support. We make life easier with proven service and support. And our industry-leading technology, people and processes enable us to deliver a better benefits experience for everyone. Show More
Product Info

Min. Group Size

-

Lives Serviced

25,000

Average Cost

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Lively is unsure what shortlister is looking for here. Show More
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Product Info

Min. Group Size

1 eligible

Lives Serviced

30,000

Average Cost

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Product Description

A Flexible Spending Account (FSA) is an employer-sponsored account that allows employees to set aside pre-tax money to pay for eligible out-of-pocket healthcare expenses. This reduces taxable income and helps with budgeting medical... Show More
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Company Overview

Founded

1996

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

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About EMPOWER

Human Touch Service for Your Group!

In 2023, EMPOWER celebrated its 25th anniversary administering FSAs, HRAs, HSAs, Cobra, and Commuter and Lifestyle Benefits accounts for employers in the Midwest and throughout the nation. EMPOWER combines the advanced technology of the Nation’s largest administrators with the Human Touch of exceptional service.

With EMPOWER, you’ll contact your Personal Account Manager with any issues, not an anonymous email ticket system. This means you and your HR team will get the answers you need in minutes, not days.

In annual surveys, EMPOWER consistently...
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Company Overview

Founded

1974

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Lifetime Benefit Solutions

Possessing an estimable track record that stretches back to 1974, Lifetime Benefit Solutions was formed through the merger of EBS-RMSCO, Inc. and Support Services Alliance, Inc. As a full-service third party administrator, we facilitate the insurance, self-funding and consulting needs of thousands of clients throughout the United States, leveraging our experience, native flexibility and practical creativity to generate solutions beyond what our customers expect. Our products and services include Self-funding Third Party Administration (TPA), Reimbursement Account Administration, COBRA Administration, Payroll Services, Retirement Services and Compliance Services. Show More
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Company Overview

Founded

1989

Employees

165

Funding Summary

Not Provided

Clients Your Size Clients Your Size

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About Navia

Navia has been around since 1989. We started out as Flex-Plan Services, a family-owned and operated third-party administrator of FSA plans serving school districts and other public sector employers in Washington State. We’ve grown from our humble beginnings to be considered one of the premier administrators on the West Coast with a national reach of clients from coast to coast. Over time, even with our increase in service offerings and overall growth, we’ve maintained the qualities and principals that the company was founded on: respect, communication, and treating clients and participants like family.

Relationship with transparency means...
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Product Info
Company Overview

Founded

2002

Employees

25

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Peak One Administration

Headquartered in beautiful Post Falls, Idaho, Peak One Administration has been offering customized employee benefit plans and employee benefits management since its inception in 2002. Even though we are in North Idaho, Peak One services Employees and Employers throughout the United States.

Our employee benefit solutions offer flexible, easy-to-use, healthcare accounts that deliver high customer satisfaction and valuable insight for our clients. We are a single source benefit solution for FSA, HRA, VEBA, Section 115, HSA, Transportation, Retiree Billing and COBRA administration.

At Peak One Administration, delivering easy-to-use solutions backed by the highest levels...
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Frequently Asked Questions

What Services Do FSA Providers Offer?

FSA providers offer comprehensive administration services including account setup and enrollment management, employee education and communication materials, claims processing and reimbursement, debit card issuance and management, compliance monitoring and reporting, customer service support, online portals and mobile apps, integration with payroll and HR systems, and year-end reporting and tax documentation.

How Much Do FSA Provider Services Typically Cost?

FSA provider fees vary based on company size and services included. Monthly administration fees typically range from $2-8 per participating employee, with setup fees of $500-2,000 for implementation. Some providers charge per-claim fees of $1-3, while others offer flat monthly rates. Annual costs for small businesses may range from $1,000-5,000, while large enterprises can pay $10,000-50,000+ annually.

What Should Employers Consider When Choosing FSA Providers?

Key selection criteria include technology platform quality and user experience, customer service availability and responsiveness, compliance expertise and regulatory knowledge, integration capabilities with existing HR and payroll systems, reporting and analytics features, mobile app functionality, claims processing speed and accuracy, pricing transparency and competitiveness, and track record with similar-sized organizations.

How Do FSA Providers Handle Claims Processing?

FSA providers process claims through multiple channels including automatic substantiation for eligible purchases made with provided debit cards, manual claims submission through online portals or mobile apps, receipt scanning and validation technology, verification of expenses against IRS guidelines, reimbursement processing within 1-3 business days, and maintenance of detailed audit trails for compliance purposes.

What Support Do FSA Providers Offer to Employees?

Employee support services typically include comprehensive onboarding and education materials, dedicated customer service representatives, online help centers and FAQs, claims submission assistance, explanation of eligible expenses, deadline reminders and notifications, mobile app support, and guidance on maximizing FSA benefits while avoiding forfeiture of unused funds.

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