Common Contracts
1 similar Adoption Agreement contracts
SECURITY BENEFIT FLEXIBLE BENEFITS PLAN ADOPTION AGREEMENTAdoption Agreement • May 4th, 2017
This Adoption Agreement consists of two parts, both of which set forth elections intended to supplement the Basic Plan Document. “Part I” includes elections that must be made by each employer with respect to its FSA(s), in order to direct Security Benefit with respect to proper administration of such FSA(s) and to provide the basic terms governing such FSA(s), including terms intended to reflect compliance with all applicable provisions of the Internal Revenue Code of 1986, as amended (the “Code”), with respect to such FSA(s). To the extent that an employer elects only to complete Part I of this Adoption Agreement, the employer’s elections under such Part I and the Basic Plan Document will make up the primary document governing its section 125 plan and references to the “Plan” and the “Plan Document” herein are intended to refer only to the employer’s Part I elections and corresponding provisions of the Basic Plan Document. In any event, Part I of this Adoption Agreement must be comple
