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  2. Finance Committee - Agenda - 2/2/2022 - P6

Finance Committee - Agenda - 2/2/2022 - P6

By dnadmin on Sun, 11/06/2022 - 21:39
Document Date
Fri, 01/28/2022 - 14:16
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/02/2022 - 00:00
Page Number
6
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__020220…

*Note - headcount does
not include pre-65 retirees
so we will want to pull
together actual benefit
eligible and pre 65 reitree
headcount to get closer to

actual numbers.

Vendor PEPM Headcount Monthly Yearly Implementation | 1st Year Total Additional Fees to Consider
$.50 PEPM for non-eligible employees for ACA
Alight $ 5.23 2,776 $ 14,518.48 | $ 174,221.76 | $ 14,518.48 | $ 188,740.24 |Delivery of notices & 1095-C $2.00 per mailing and postage
Benefitexpress $ 5.00 2,776 $ 13,880.00 | $ 166,560.00 | $ 25,000.00 | $ 191,560.00 |ACA Forms Print/Fulfillment $3.00 per statement
Workpartners $ 3.45 2,776 $ 9,577.20 | $ 114,926.40 | $ 15,000.00 | $ 129,926.40 |1095-C form fulfillment fee is $4.50 PEPM and 1094-C form transmittal fee is $5,000.00 annually
$.50 PEPM for non-eligible employees for ACA
Alight REVISED $4.68 2,776 $12,991.68 $155,900.16 $0.00 $155,900.16 | Delivery of notices & 1095-C $2.00 per mailing and postage

Page Image
Finance Committee - Agenda - 2/2/2022 - P6

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