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Are there a minimum number of participants or participation rate in order to implement a Cafeteria Plan?

April 26, 2017cafeteria implement minimum participants participation Plan rate

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Are there a minimum number of participants or participation rate in order to implement a Cafeteria Plan?

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ANSWER No. You could have one participant. The key consideration is cost for a small plan No. You could possibly have one participant. The key consideration is cost for a small plan but over 95% of our plans save more in payroll tax savings than they incur in administrative fees.