Section 125 Plan Administration & Compliance
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The contract entails comprehensive administration of an IRS Section 125 cafeteria plan, requiring full management of Flexible Spending Accounts including enrollment, claims processing, and participant communications. It demands ongoing adherence to federal compliance standards through regular nondiscrimination testing, accurate reporting to regulatory agencies, and timely maintenance of all plan documentation to ensure alignment with current IRS guidelines and audit readiness. The responsible party must handle all aspects of IRS oversight related to the plan, ensuring operational integrity and legal compliance throughout the contract term. This subcontract is issued by the Columbus County Board of Education in North Carolina under NAICS code 541211 for professional administrative services. The solicitation was posted on August 3, 2026, with a deadline for responses set for September 1, 2026. While specific performance location details are not provided, the work is expected to support the educational agency’s employee benefits program with a focus on federal compliance, documentation, and operational efficiency. The contract does not specify any set-aside status or target business size classification.
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NC, USSet-Aside
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