A Section 125, Voluntary Benefits, or Cafeteria Benefits Program is a solution to increase your employees net pay when budget restraints only allow for minimal salary raises, if any at all.
By deducting insurance premiums before taxes are taken from net pay, employees are saving an average of 30%. This reduces the employees' taxable income translating into FICA savings for the employer.
Mark III has the expertise to market and evaluate all employee benefits an employer can offer. As a broker, Mark III will prepare and market plan specifications to qualified vendors, evaluate the proposals, implement the selected plans,and monitor the performance of each plan. Since Mark III has strong relationships with numerous insurance carriers, we offer a competitive advantage by providing the best plans on the market that are accessible to all employees regardless of health conditions.
Here are a Few of our Carrier Partners
Have questions about our Section 125 plans and services or ready to get started?
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