Employee Benefits That Reduce Costs & Strengthen Retention

Most employers with 10 or more W-2 employees qualify. The plan works particularly well for companies paying above-average health insurance premiums or FICA taxes. We review your current plan structure and employee demographics to confirm eligibility — at no cost to you.

The SIMERP 125 plan operates at no direct cost to employers because it's funded through the tax advantages generated — pre-tax contributions reduce payroll taxes for both employer and employee. Administrative costs are built into the program structure. You only proceed if the economics benefit your organization.

Most implementations complete within 60-90 days. The process includes plan document preparation, employee enrollment, and coordination with your payroll system. We handle the heavy lifting — you provide basic employee data and sign the plan documents.

No. The SIMERP 125 wraps around your existing health plan — it doesn't replace it. Employees keep the same coverage; they simply pay premiums with pre-tax dollars instead of after-tax. This typically increases take-home pay without changing benefits.

Employees save 25-40% on health insurance premiums through pre-tax treatment. For an employee paying $500/month in premiums, this can translate to $1,500-$2,400 in annual tax savings depending on their bracket. Lower payroll deductions also mean higher take-home pay each pay period.

Employers save 7.65% on every pre-tax dollar employees contribute (Social Security and Medicare portions of FICA). For a company with $1M in annual health premiums, this can mean $76,500 in annual employer-side tax savings. The savings scale directly with premium volume.