Transit FSA

Transit FSA is a tax-advantaged account that allows employees to set aside pre-tax money to pay for eligible parking expenses related to their daily work commute.
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BASIC

BASIC

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Founded

1989

Employees

397

Funding Summary

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About BASIC

As one of the first third-party administrators of Flexible Spending Accounts in the nation, BASIC is a Technology Driven HR Compliance Company focused on delivering administrative and technology solutions to assist Human Resource Departments throughout the United States. Show More
Optum Financial

Optum Financial

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Founded

2004

Employees

83,270

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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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TASC

TASC

2.7 (2)
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Founded

1975

Employees

734

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About TASC

Total Administrative Services Corporation (TASC) is the nation’s largest privately held third-party benefits administrator, serving nearly 80,000 employers across all industries and sizes — from sole proprietors to the largest employer in the country. Founded in 1975 and headquartered in Madison, Wisconsin, TASC delivers comprehensive employee benefits and compliance solutions that scale from 1 employee to over 1 million.

TASC's reach spans a wide variety of sectors, including education, government, and private organizations. We proudly serve five of the ten largest public-school districts and four of the five largest states in the U.S.

Our... Show More
BenefitWallet

BenefitWallet

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Founded

2004

Employees

4

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About BenefitWallet

BenefitWallet® is a next-generation consumer health solution which combines HSAs, HRAs, FSAs, and other health accounts into a single consumer experience. Beyond health account administration, BenefitWallet is a unique web-based experience that simplifies health care by connecting the dots between health care and spending.

Our HSA solution was first brought to market in 2004, when Congress passed the legislation enabling HSAs. Since then, we have grown to be one of the largest administrators of HSAs in the nation. With The Bank of New York Mellon (BNY Mellon) as our custodian, BenefitWallet manages more than 1 million... Show More
HealthEquity, Inc.

HealthEquity, Inc.

2.8 (2)
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Min. Group Size

1 eligible

Lives Serviced

4,685,192

Average Cost

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Simplified administration with a rewarding member experience.

• Thousands of parking and transit options
• Easy ordering and payment for members and administrators
• Stay safe with contactless... Show More
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HSA Bank, a division of Webster Bank, N.A.

HSA Bank, a division of Webster Bank, N.A.

4.8 (1)
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Min. Group Size

1 eligible

Lives Serviced

104,408

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Mass Transit Account - Covers expenses for bus, train, subway and vanpool for travel to and from work.
Parking Account - Used to pay for parking costs at or near a work... Show More
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BBP Admin

BBP Admin

4.6 (6)
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Min. Group Size

-

Lives Serviced

185,000

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Transit benefits are a great benefit that save both employers and employees money. The benefit allows employees to set aside tax-free money to pay for their commuting expenses, and can be used for... Show More
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Benepass

Benepass

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Founded

2019

Employees

65

Funding Summary

200M Series B

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About Benepass

Benepass is a flexible benefits platform that allows employers to consolidate their pre-tax benefits (for example, FSA, Commuter, HSA) and personalized benefits (such as, Lifestyle Spending Accounts) into one system. With one card, employees can spend their pre-tax and post-tax benefits dollars at any vendor globally within their company’s benefits policy that fits their unique wants and needs. Our flexible benefits give employees more choice, leading to engagement rates of over 85% and a stronger employer brand. Companies such as Moderna, Wix, Mindbody, Talkspace, and Workday have all seen high engagement and success with Benepass.
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MyChoice Accounts by Businessolver

MyChoice Accounts by Businessolver

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1,000 eligible

Lives Serviced

-

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Businessolver’s MyChoice Accounts solution offers a future-facing parking benefits solution for the modern commuter. Participants manage a single MyChoice Accounts debit card for all their tax-advantaged accounts, including parking benefits. This card can... Show More
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Reward Gateway | Edenred

Reward Gateway | Edenred

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-

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-

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Flexible, compliant, handy, savvy. What more could you want in a commuter benefits plan?

Edenred’s pre-tax commuter benefits offer hassle-free solutions that make commuting more affordable and eco-friendly. Our plans... Show More
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Clarity Benefit Solutions

Clarity Benefit Solutions

4.8 (1)
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-

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-

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Clarity’s Commuter Benefits program lets employees use pre-tax dollars for eligible transit and parking costs—saving money while simplifying administration.

Highlights:
Pre-tax savings for transit passes and parking
Monthly... Show More
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Advanced Benefit Strategies

Advanced Benefit Strategies

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Min. Group Size

1 eligible

Lives Serviced

5,000

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It is a tax reduction plan, not an insurance plan. The Transportation Benefit Plan allows employees to pay for their transit passes, commuter and qualified parking costs on a before-tax basis. Show More
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Inspira Financial

Inspira Financial

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Founded

1989

Employees

0

Funding Summary

Not Provided

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About Inspira Financial

Inspira Financial is a leading provider of health, wealth, retirement, and benefit solutions designed to simplify administration and strengthen client relationships. We partner with brokers to deliver flexible, compliant, and easy-to-manage benefit programs that help employers and employees get the most from their plans. Show More
Jawnt

Jawnt

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Min. Group Size

1 eligible

Lives Serviced

-

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Jawnt administers pre-tax transit benefits under IRS §132(f). Employees elect a monthly transit amount through payroll; employers can layer on subsidies and site-specific rules. Depending on the market, members receive either an agency... Show More
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MetLife (Spending Accounts)

MetLife (Spending Accounts)

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Founded

Employees

0

Funding Summary

Not Provided

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About MetLife (Spending Accounts)

MetLife Health Savings & Spending Accounts suite:
Health Savings Account
Health Flexible Spending Account
Dependent Care Flexible Spending Account
Limited Purpose Flexible Spending Account
Health Reimbursement Arrangement
Commuter Benefits Show More
Progressive Benefit Solutions (PBS)

Progressive Benefit Solutions (PBS)

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Min. Group Size

1 eligible

Lives Serviced

30,000

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A Transit Flexible Spending Account (Transit FSA) is a special type of FSA that lets employees set aside pre-tax dollars to pay for eligible commuting and transit expenses. It’s a tax-advantaged benefit offered... Show More
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Burnham & Flower - AP

Burnham & Flower - AP

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Founded

Jan-06

Employees

6

Funding Summary

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About Burnham & Flower - AP

Guiding your benefits: Our administration professionals provide expert services for HRA, HSA, FSA, COBRA, Lifestyle Benefits and Parking and Transit benefit plans along with innovative resources to help your employees manage their consumer directed health care accounts. Multipurpose debit card: A single debit card is leveraged for all benefit account spending. Next Generation Member Portal and Mobile App: Powerful self-service capabilities plus education and decision support tools. Get real-time balances and transactions, submit claims, access plan details, account alerts, and much more. Employee Engagement Tools: Real-time administration platform automatically sends event-triggered alerts and notifications via text and email that keep... Show More
Davevic

Davevic

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Founded

1988

Employees

12

Funding Summary

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About Davevic

Davevic is your one stop shop for all administrative services that coincide with your clients benefit plans. We bring together the best technology, combined with comprehensive knowledge of the industry to get you the right solution at the right price.
From our office we ensure compliance with meticulous record keeping, and employ a friendly and familiar staff with no outsourcing or call centers. Our goal is to provide flexible solutions, spectacular customer service, and to simplify administration for all parties involved.
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Edenred Benefits

Edenred Benefits

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Founded

1985

Employees

70

Funding Summary

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About Edenred Benefits

Edenred is a leading services and payments platform and the everyday companion for people at work, connecting 50 million employees and 2 million partner merchants in 46 countries via more than 900,000 corporate clients.

Edenred offers specific-purpose payment solutions for food (meal vouchers), fleet and mobility (fuel cards, commuter vouchers), incentives (gift vouchers, employee engagement platforms), and corporate payments (virtual cards).

These solutions enhance employee well-being and purchasing power, improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy.

Edenred’s 10,000 employees are committed to making the... Show More
Helix Benefit Solutions

Helix Benefit Solutions

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Min. Group Size

-

Lives Serviced

2,750

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Pre-tax dollars used to cover eligible transit expenses. Helix provides a debit card to help auto-substantiate funds usage, or claims can be processed manually in under 2 minutes, greater than 90% of the... Show More
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