You can set default employer contribution amounts for initial funding and recurring contributions.* Default amounts will apply to all members enrolled unless admins provide another amount during enrollment.
*You may only set default amounts for recurring contributions for benefit plans with automated recurring contributions set up.
How to set default contribution amounts for an organization
Note for Partner Administrators
Select the appropriate organization from the Organizations tab before following the steps below.
Select the Benefits tab.
Choose the preferred benefit plan.
Select Plan from the benefit side menus.
In the Funding Details section, add your preferred default amounts.
For recurring contributions, set your preferred default under Recurring Contribution Default Amount (Optional) which is under Automated Recurring Contributions.
For initial funding contributions, set your preferred default under Initial Funding Default Amounts.
Select Save.
On the confirmation modal, choose where to apply default amounts.
Default amounts for recurring contributions
You may only set default amounts for recurring contributions for benefit plans with automated recurring contributions, which can only be set up for a pending benefit plan. To learn more, review Set up automated recurring contributions for an organization.
How defaults apply
Set default amounts will apply unless admins provide another amount during enrollment. Here’s what that looks like for enrollment completed manually and uploading a spreadsheet.
For manual enrollment (enrollment info entered directly on the platform), default amounts will be displayed in their appropriate fields. Admins can leave the amounts as is or update them when enrolling members.
For enrollment done via spreadsheet, default amounts are not displayed and will apply unless a new amount is entered on the spreadsheet. For this reason, admins should understand what default amounts are set for organizations.
When to set defaults
If no defaults are set, admins must enter all desired amounts during enrollment. Setting default amounts can be a time-saving feature when most members of an organization share an amount.
Recurring contributions
A recurring contribution occurs repeatedly (e.g., monthly, semi-monthly). A monthly employer contribution to an HSA is an example of a recurring contribution.
Set Up First
Automated Recurring Benefit Funding must be enabled to set a default amount for recurring contributions. To learn more, see “Set up recurring contributions for an organization.”
Applying updates
After setting or updating default amounts for recurring contributions, you’ll select where to apply the default amount.
Only New Enrollments
The default amount will apply to future members enrolled in this benefit plan unless the admin enters a different amount.
New and Existing Enrollments
The default amount will apply to future members enrolled in this benefit plan unless the admin enters a different amount, and existing members will have their recurring contribution amounts updated to the default amount.
Initial funding default amounts
Initial funding is a one-time contribution that occurs on the enrollment start date. It is the starting balance displayed to members.
FSA and LP-FSAs
FSA and LP-FSA initial funding amounts should equal annual election amounts.
After setting or updating default amounts for initial funding, you’ll select where to apply the new default.
Applying updates
After setting or updating default amounts for initial funding, you’ll select where to apply the default amount.
Only New Enrollments
The default amount will apply to future members enrolled in this benefit plan unless the admin enters a different amount.
New and Pending Enrollments
The default amount will apply to future members enrolled in this benefit plan unless the admin enters a different amount. Members pending enrollment (plan start date in the future) will have their initial funding amount updated.
Initial Funding & Existing Enrollments
Initial funding is a one-time contribution that occurs on the enrollment start date. For this reason, initial funding default amount updates cannot be applied to existing enrollments as their enrollment start date has passed. To learn how to make a “catch-up contribution,” read “Make a catch-up contribution after the benefit enrollment start date.”