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Total Administrative Services Corporation (TASC) Fee for Flexible Spending ProgamCopyrighted November 20, 2017 City of Dubuque Consent Items # 18. ITEM TITLE: Total Administrative Services Corporation (TASC) Administrative Services Fee for the Flexible Spending Plan SUMMARY: City Manager recommending approval of the renewal rates from Total Administrative Services Corporation (TASC) for the City of Dubuque's flexible spending plan administrator for the period January 1, 2018 through December 31, 2018. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type Administrative Services Fee for Flexible Spending Plan- City Manager Memo MVM Memo Staff Memo Supporting Documentation Supporting Documentation Staff Memo Supporting Documentation Supporting Documentation THE CITY OF Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Administrative Services Fee for the Flexible Spending Plan DATE: November 9, 2017 Dubuque �.nw,.rnxirxz� �111F 2007.2012 2013.2017 Personnel Manager Randy Peck is recommending City Council approval of the renewal rates from Total Administrative Services Corporation (TASC) for the City of Dubuque's flexible spending plan administrator for the period January 1, 2018 through December 31, 2018. TASC is proposing no increase in fees. The per month fee for participating employees will be $4.20, the minimum monthly fee will be $702.08, and the annual renewal fee will remain $327.00. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen' MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Randy Peck, Personnel Manager YlYIiiYYYYWIYNIYuuwum+uai. m:.uuuunb.lniA� gitltlAklllhWu.:m.Vpwldp dh.le,dl�llu44:Y.!. 2007.2012 Masterpiece on the Mississippi xa�32a 7 TO: FROM: SUBJECT: DATE: Michael C. Van Milligen, City Manager Randy Peck, Personnel Manager Administrative Services Fee for the Flexible Spending Plan November 6, 2017 I received the renewal rates from Total Administrative Services Corporation (TASC), our flexible spending plan administrator. TASC is proposing no increase in fees for the contract period beginning January 1, 2018 to December 31, 2018. The per month fee for participating employees will be $4.20, the minimum monthly fee will be $702.08, and the annual renewal fee will remain $327. The requested action is for the City Council to pass a motion approving the administrative services fee presented by Total Administrative Services Corporation for the period beginning January 1, 2018 through December 31, 2018. RP:alk Amanda Koppes From: teamgray <teamgray@tasconline.com> Sent: Wednesday, October 25, 2017 11:33 AM To: Randy Peck Cc: Gina Noel Subject: TASC admin fees Hi Randy, I just wanted to follow-up that there will be no admin fee increase for 2018. We were able to get approval to have it waived. Please let us know if you need any further assistance. Have a great week. Thank you, Amanda Odom 1 Account Manager Total Administrative Services Corporation (TASC) Account Management Team Gray Amanda Odom, Linda Branscum, and Angelly Tejada w: www.tasconline.com e: teamgray@tasconline.com p: 800.422.4661 ext. 7906 I kT DD SC 40 TASC uses a Secure Email Messaging System only when sending sensitive or confidential information related to your TASC account(s). Secure information will be sent as an attachment and will feature "[SECURE] Message from TASC" as the subject cue. For additional information visit www.tasconline.com/secure_email.html. This email and attachments are confidential. Dissemination, distribution or copying this communication is prohibited. If you have received this communication in error, please notify TASC immediately. This e-mail, and attachments, are not intended and cannot be used for the purpose of avoiding penalties or taxes due under the IRS Code. TASC disclaims any and all liability arising from the delay or non -receipt of this email. TASC does not provide any legal advice, investment advice, or tax advice to clients or individuals Click here to report this email as spam. 1 Page 1 of 2 Gina Noel - Important update regarding your TASC Plan From: "TASC Customer Care" <tascservice@tasconline.com> To: <gnoel@cityofdubuque.org> Date: 10/31/2016 3:20 PM Subject: Important update regarding your TASC Plan Dear FlexSystem Client: We hope you have been happy with the value and benefits of TASC's service offerings, as customer satisfaction remains our number one priority. Unfortunately, as the market changes and the cost of doing business increases, we must reevaluate our pricing policy in order to ensure our ability to provide quality services, in-house compliance experts, and best -in -class technology systems. Every year we conduct market assessments in addition to reviewing the annual Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics. As a result of our 2016 assessment, it has been determined that a modest price adjustment above the normal CPI increase will be applied to your FlexSystem Plan for 2017 (as detailed below): Client TASC ID Client Name 4400- CITY OF 0479-9060 DUBUQUE Per Participant / Minimum Annual 2017 Monthly Fee * Renewal Fee Increase ** $4.20 / $702.08 $327 6.4% * A Per Participant administration fee or a Minimum Monthly administration fee will apply to your FlexSystem Plan. ** The annual CPI this year is 2.5% and is included in your increase detailed above. Please Note: Any additional fees associated with your FlexSystem Plan (which normally appear as separate line items on your invoices) are not listed above, as those fees are not subject to this increase and remain unchanged from the previous billing period. We hope you understand the necessity for this rate increase and will continue to enjoy the value of our service offerings, which remain competitively priced. Your satisfaction is important to us. If you should have any questions or concerns regarding your rate increase, please contact TASC Customer Care at 1-800-422-4661. We appreciate your continued business and look forward to serving you and your employees into the next Plan Year ahead. f;1P•///f-'•/TTQPvQ/rrnnP1/AnrNTlata/T nral/'T'Pmr-/YPrrrr-nx7icoicR1'7i1')P lff f(1TlP(l Pili (lfll 1 1 /1 /')(11 F TASC Customer Care Total Administrative Services Corporation (TASC) 2302 International Lane Madison, WI 53704-3140 www.tasconline.com f logo Page 2 of 2 You received this email because you are associated with TASC. To ensure that you continue to receive important communications such as this, please add this address (tascservice@tasconline.com) and our domain (@tasconline.com) to your list of contacts or approved senders. Click here to unsubscribe from future TASC email notifications and announcements. Click here to report this email as spam. fila•///i'•/'f Tcarc/rrnnaf/A nriflata/T noa7/TAmn/YUrrrrvIl iea/ri51 '7! 11V1-1nC rinriPn Dr) i (1/11 1 1 /1 /^)(11,