Transportation Fringe Benefits

Employees may set aside pre-tax dollars to cover the cost of anticipated eligible expenses for Mass-transit and parking

TotalBen currently offers three options for administrating a pre-tax commuter plan under IRC §132(f). Depending on your demographics and corporate culture, you can choose one that fits best. Alternatively, choose to offer more than option, such as MetroCards for the employees that commuter in NYC and another option for those outside NYC.

Transit Benefit Options (Cost versus Effort)

MetroCards

Employer makes the most amount of money, but may have greater effort implementing the plan. Employer is responsible for solicitation, procurement & distribution of MetroCards each cycle and payroll updates.

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Debit Cards

Employer makes some money, but may have has less effort implementing the plan. Employer is responsible for monthly accounting of outstanding cards and remitting employee payroll contributions.

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Payroll Integration

Cost neutral to employer, but the least amount of effort. All aspects handled, including reporting monthly changes directly to the payroll service. Employer reports employee terminations.

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Implementation Detail

Plan Timeline for employer to set up a program
MetroCards Complete order form, fax or email, then mail with check. Once check is received and it clears, cards are sent 2nd day FedEx.
Debit Cards Newly eligable employees must be enrolled via the online portal prior to the 13th (aside from Dec/Jan enrollments) and payment must be received prior to the 21st, for cards to be mailed out and received prior to the effective date next month.
Payroll Integration Enrollment forms must be received by 2pm, last business day of the month. Enrollments are effective the first of the following month.

Pricing

  • Basic

    MetroCards
  • Train & Bus in NYC

  • Setup & Annual Renewal - $0.00

  • Per Participant Fee - $0.00

  • Processing Fee - 2.50%

  • Shipping & Handling - $14.50

  • Minimum Order - 1

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  • Standard

    Debit Cards
  • Mass-Transit & Parking, nationally

  • Setup & Annual Renewal - $0.00

  • Per Participant Fee - $1.25

  • Processing Fee - 3.50%

  • Shipping & Handling - $0.00

  • Minimum Order - 1

  • Order Now
  • Premium

    Payroll Integration
  • Mass-Transit & Parking, nationally

  • Setup & Annual Renewal - $0.00

  • Per Participant Fee - $0.00

  • Processing Fee - 7.65%

  • Shipping & Handling - $0.00

  • Minimum Order - 1

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