Limited Purpose Flexible Spending Account

Limited purpose flexible spending account is a tax-advantaged account allowing employees to set aside pre-tax money to help pay for qualified vision and dental care expenses only.
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elevate.inc

elevate.inc

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Founded

2021

Employees

20

Funding Summary

15M Series A

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About elevate.inc

Elevate strives to offer the industry’s most intuitive, configurable, and automated administration platform for employers, their employees and their dependents, to maximize the advantages of consumer directed benefits. Currently, the consumer-directed benefits market poses problems for benefits providers, employers and their employees. Today's platforms are antiquated and impersonal, and often confusing for employees to understand. Elevate’s cutting-edge benefit administration technology simplifies systems, boosts efficiency and cuts costs for providers.
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Benepass

Benepass

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Min. Group Size

300 eligible

Lives Serviced

-

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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... Show More
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BBP Admin

BBP Admin

5.0 (1)
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Min. Group Size

-

Lives Serviced

185,000

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A limited purpose FSA is an account that allows employees to set aside pre-tax dollars for eligible dental and vision expenses for them self and their dependents, even if they are not covered... Show More
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Clarity Benefit Solutions

Clarity Benefit Solutions

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-

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-

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Clarity’s LPFSA pairs perfectly with HSAs, covering vision and dental expenses with pre-tax dollars while preserving HSA eligibility.

Highlights:
Pre-tax reimbursement for dental and vision expenses
Compatible with... 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

Average Cost

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A limited FSA is a benefit that allows you to choose how much of your paycheck you’d like to set aside, before taxes are taken out, for qualified dental, vision and preventative care... Show More
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Flores Associates

Flores Associates

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Founded

1986

Employees

107

Funding Summary

Not Provided

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About Flores Associates

For over 30 years, Flores has delivered frictionless 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 omnichannel service and support, including the Flores Account Management System. And our industry-leading technology, people and processes enable us to deliver a better, frictionless experience for everyone.
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Ameriflex

Ameriflex

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Founded

1998

Employees

Funding Summary

Not Provided

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About Ameriflex

For 25 years, Ameriflex has been a leading provider of tax-advantaged benefits solutions like Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Health Reimbursement Arrangements (HRA), Lifestyle Spending Accounts (LSA), and Compliance services. Built organically and with an unwavering commitment to sustainable growth that puts the best interests of our clients first, Ameriflex continues to reinvest in industry-leading technologies, best-in-class service, and advocacy efforts all geared toward reducing healthcare costs and delivering a hassle-free experience that keeps your world quiet and your clients happy.


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Burnham & Flower - AP

Burnham & Flower - AP

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Founded

Jan-06

Employees

6

Funding Summary

Not Provided

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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
Cobalt Health

Cobalt Health

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Founded

04/2023

Employees

7

Funding Summary

Not Provided

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About Cobalt Health

Cobalt Health is a company specializing in healthcare benefit solutions. With over 30 years of industry experience, we offer a range of services designed to optimize cost management and enhance employee well-being. Our key offerings include:

• COBRA Administration: Ensuring continuous health coverage and compliance for employees transitioning between jobs.
• Subrogation Recovery: Handling subrogation claims to reduce costs and guarantee accurate claims payment.
• Flexible Spending Account (FSA) Management: Providing expert management to ensure compliance and optimal use of benefits.
• Health Reimbursement Arrangement (HRA) Administration: Offering versatile options tailored to meet the... Show More
Davevic

Davevic

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Founded

1988

Employees

12

Funding Summary

Not Provided

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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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First American Bank - Health Account Services

First American Bank - Health Account Services

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Founded

1974

Employees

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Not Provided

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About First American Bank - Health Account Services

For more than 40 years, First American Bank has been focusing on building long-term relationships with customers through high-quality solutions and exceptional service. Our extensive services range from personal products and services to commercial banking and wealth management. First American Bank prides itself on delivering sophisticated bank products combined with the personal attention only a local community bank could offer.

First American Bank’s size and management structure allows the bank to respond quickly with tailor made solutions that reflect a deep understanding of each customer’s goals and potential for growth.

Member FDIC and Equal... Show More
HealthEquity, Inc.

HealthEquity, Inc.

0.6 (1)
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Min. Group Size

1 eligible

Lives Serviced

3,226,743

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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American Benefits Group

American Benefits Group

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Min. Group Size

5 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

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The Limited Purpose Health Flexible Spending Account (LPF) offers a significant advantage for employees by allowing them to participate in a tax-advantaged Flexible Spending Account while also funding their individual Health Savings Account... Show More
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EMPOWER

EMPOWER

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Founded

1996

Employees

Funding Summary

Not Provided

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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... Show More
Navia

Navia

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Founded

1989

Employees

165

Funding Summary

Not Provided

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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... Show More
Alight Solutions

Alight Solutions

3.9 (14)
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Min. Group Size

1,000 eligible

Lives Serviced

8,000,000

Average Cost

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Offered through our Smart Choice solution. Show More
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Eonix Solution LLC

Eonix Solution LLC

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Min. Group Size

-

Lives Serviced

-

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Average Cost is Locked

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Eonix Solutions offers expert management services for **Limited Purpose Flexible Spending Accounts (LPFSA)**, designed to help employees save on eligible dental and vision expenses. With Eonix, businesses can simplify the administration of LPFSAs,... Show More
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The Benefit Center

The Benefit Center

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Founded

2004

Employees

3

Funding Summary

Not Provided

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About The Benefit Center

The Benefit Center is a third-party administrator affiliated company of The Health Consultants Group, LLC.  This TPA performs Section 125, 105, 132, H S A, and ICHRA Administration for employer groups of all sizes.  All the services provided qualify as “cafeteria plans” under various sections of the IRS.  We are a proud partner of Evolution 1, the nations largest electronic payment, on premise, and cloud computing healthcare solutions that administers reimbursement accounts.  The Benefit Center can help reduce your taxes with accounts such as HSAs, HRAs, and FSAs, Parking, and Transit Plans for consumers. Show More
MyChoice Accounts by Businessolver

MyChoice Accounts by Businessolver

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Min. Group Size

1,000 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

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At Businessolver, we know that a Flexible Spending Account (FSA) shouldn’t just be flexible in name. We built our MyChoice Accounts solution to support your unique FSA attributes, allowing you to deliver a... Show More
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Businessolver

Businessolver

4.5 (9)
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Min. Group Size

-

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-

Average Cost

Average Cost is Locked

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At Businessolver, we know that a Flexible Spending Account (FSA) shouldn’t just be flexible in name. We built our MyChoice Accounts solution to support your unique FSA attributes, allowing you to deliver a... Show More
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