Common use of Roles and Relationships Clause in Contracts

Roles and Relationships. Employer, operating as the sponsor of a health plan, “plan administrator” and “fiduciary” within the meaning of the Employee Retirement Income Security Act of 1974, as amended, desires to provide certain health related reimbursement arrangements and/or other work-related benefits to its eligible employees (“Participants”). HQY provides third party administration (“TPA”) services for health reimbursement arrangements as defined in IRS Notice 2002-45 (“HRAs”), health flexible spending arrangements as defined in 26 USC § 125 and the regulations thereunder (“FSAs”), dependent care assistance programs as defined in 26 USC § 129 and the regulations thereunder (“DCRA”), and limited- purpose FSAs and post-deductible HRAs (each within the meaning of Rev. Rul. 2004-45).

Roles and Relationships. Employer, operating as the sponsor of a health plan, “plan administrator” and “fiduciary” within the meaning of the Employee Retirement Income Security Act of 1974, as amended, desires to provide certain health related reimbursement arrangements and/or other work-related benefits to its eligible employees (“Participants”). HQY provides third party administration (“TPA”) services for health reimbursement arrangements as defined in IRS Notice 2002-45 (“HRAs”), health flexible spending arrangements as defined in 26 USC § 125 and the regulations thereunder (“FSAs”), dependent care assistance programs as defined in 26 USC § 129 and the regulations thereunder (“DCRA”), and limited- limited-purpose FSAs and post-deductible HRAs (each within the meaning of Rev. Rul. 2004-45).