TPA duties

[Guest Green92]

Does a TPA of section 125 plans have an obligation to keep enrollment forms/change in status forms or can they work completely from an electronic feed from the clients payroll company with client stating they will keep forms on file? Up until now we have collected all forms and held them on premisis and then later in secure storage.

[J Simmons]

Does a TPA of section 125 plans have an obligation to keep enrollment forms/change in status forms or can they work completely from an electronic feed from the clients payroll company with client stating they will keep forms on file? Up until now we have collected all forms and held them on premisis and then later in secure storage.

What does the agreement between the TPA and the ER provide in this regard?

Is the TPA also specified in the plan documents as the 'plan administrator'? (If so, does the TPA have any reason to doubt the ER will do an adequate job of keeping the election forms on file?)

Or is the ER the plan administrator that has contracted for services with the TPA?

[Guest Green92]

Does a TPA of section 125 plans have an obligation to keep enrollment forms/change in status forms or can they work completely from an electronic feed from the clients payroll company with client stating they will keep forms on file? Up until now we have collected all forms and held them on premisis and then later in secure storage.

What does the agreement between the TPA and the ER provide in this regard?

Is the TPA also specified in the plan documents as the 'plan administrator'? (If so, does the TPA have any reason to doubt the ER will do an adequate job of keeping the election forms on file?)

Or is the ER the plan administrator that has contracted for services with the TPA?

ER is plan administrator. I have no reason to doubt the client will do their duty with respect to record retention and proper payroll set up. I'm thinking if we just tighten up the administrative serivces agreement with respect to this issue we should be ok.