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Total Administrative Services Corporation (TASC) Renewal Copyright 2014 City of Dubuque Consent Items # 11. ITEM TITLE: Total Administrative Services Corporation (TASC) Renewal Fee Approval SUMMARY: City Manager recommending approval of the renewal rates received from the City's flexible spending plan administrator, Total Administrative Services Corporation, effective January 1, 2017, through December 31, 2017. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type TASC Renewal Fee Approval-MVM Memo City Manager Memo Staff Memo Staff Memo TASC Renewal Fees Supporting Documentation THE CITY OF Dubuque DUB E i" Masterpiece on the Mississippi 2007.2012.2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: November 9, 2016 Personnel Manager Randy Peck recommends City Council approval of the renewal rates received from Total Administrative Services Corporation, the City's flexible spending plan administrator. Effective January 1, 2017, through December 31, 2017, their per month per participating employee fee will increase from $3.94 to $4.20. The minimum monthly fee will increase from $659.58 to $702.08. The annual renewal fee will increase from $307 to $327. 1 concur with the recommendation and respectfully request Mayor and City Council approval. ZV4-14�1 Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Randy Peck, Personnel Manager THE CITY OF Dubuque AH-AmeficaCity Dur)LIQUE Masterpiece on the Mississippi 2007.2012.2013 TO: Michael C. Van Milligen, City Manager FROM: Randy Peck, Personnel Manager SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: November 7, 2016 I received the renewal rates from Total Administrative Services Corporation (TASC), our administrator for the flexible spending plan. Effective January 1, 2017, through December 31, 2017, their per month per participating employee fee will increase from $3.94 to $4.20. The minimum monthly fee will increase from $659.58 to $702.08. The annual renewal fee will increase from $307 to $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, 2017, through December 31, 2017. RP:lmh Page 1 of 2 Gina Noel - Important update regarding your TASC Plan From: "TASC Customer Care" <taseservice@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 Client Name Per Participant/Minimum Annual 2017 TASC ID Monthly Fee* Renewal Fee Increase** 4400- CITY OF $4.20/$702.08 $327 6.4% 0479-9060 1 DUBUQUE *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. file:///C:/Users/gnoel/AppD ata/Local/Temp/XPgrpwise/5 817612EDB Q_D ODB Q_PO 1001... 11/1/2016 Page 2 of 2 TASC Customer Care Total Administrative Services Corporation (TASC) I� logo 2302 International Lane Madison, WI 53704-3140 www.tasconline.com 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. file:///C:/Users/gnoel/AppData/Local/Temp/XPgrpwise/5 817612EDBQ_DODBQ_PO 1001... 11/1/2016