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Forma

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5.0 (3)

Forma Products (11)

   
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Flexible Spending Accounts (FSAs)

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Health Care Flexible Spending Account (FSA)

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Health Savings Account (HSA)

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Lifestyle Spending Account

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COBRA Administration

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Dependent Care Flexible Spending Account (FSA)

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Health Reimbursement Arrangement (HRA)

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ICHRA Plans

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Limited Purpose Health Care Flexible Spending Account (FSA)

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Parking Account

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Transit Account

Product Description

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About this product

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Min. Group Size

250 eligible

Lives Serviced

-

Average Cost

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Forma Media

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Forma Info

Founded:

2016

Funding Summary:

40M Series B

Location:

Fremont, CA

Links:

Employees:

180
Forma is the leading platform for LSAs and flexible benefits, enabling employers to deliver personalized benefits for employees, increase administrative efficiency, and optimize benefits budgets. The Forma platform offers: Lifestyle Spending Accounts Rewards & Recognition Flexible Spending Accounts Health Savings Accounts... Show More

About this vendor

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Forma is the leading platform for LSAs and flexible benefits, enabling employers to deliver personalized benefits for employees, increase administrative efficiency, and optimize benefits budgets.

The Forma platform offers:

Lifestyle Spending Accounts
Rewards & Recognition
Flexible Spending Accounts
Health Savings Accounts
Health Reimbursement Arrangements
COBRA
Commuter Benefits

Forma was built to help employers achieve three main objectives:
#1: Give members more choice to source benefits most meaningful to them
#2: Help benefits administrators simplify their benefits administration
#3: Save companies money in the process

Forma Clients

Forma Reviews

5.0 (3)

Star Featured Review

Whitney Ayers

August 12, 2025
When Garver launched its Lifestyle Spending Account (LSA), we knew we wanted a partner who believed in our goals and could grow with us. Forma’s response? “Hold my water bottle.” ??

Through Forma, our LSA allows employees to get reimbursed for gym memberships, workout equipment, and other wellness-focused expenses — and it’s made a real difference:

? Promotes Employee Health & Wellness – From gym memberships to home workout gear, our LSA helps employees build and maintain healthy habits.
? Improves Morale & Satisfaction – Health reimbursements show employees we genuinely care about their well-being, enhancing Garver’s reputation for delivering the Best Employee Experience.
? Reduces Healthcare Costs – Healthier employees often need less medical care, and our wellness focus helps keep costs down for everyone.
? Enhances Recruitment & Retention – Benefits like our LSA add significant value to our compensation package, helping us attract and keep top talent.

On a broader level, this benefit has transformed many of our employees’ wellness journeys. For example, several team members have used the $300 annual reimbursement Garver provides to gradually build home gyms — often turning what would have been a $1,800 investment into just $600 out of pocket. Others have taken advantage of the Forma Store to access workout apps, adjustable weights, and other tools that make it easier to fit in quick, effective workouts, even with busy schedules and family commitments.

The result? Health and fitness have become more accessible, sustainable, and enjoyable for our people — helping Garver Nation continue to achieve its wellness goals.
Star Featured Review

Eric Coutryer II

May 1, 2025
Forma has been awesome! It’s been an amazing experience to provide wellness purchasing power to our employees

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