Benefits
Benefits set up and run employee health, retirement and other plans, with enrollment, payroll deductions and required plan filings.
Contract
| Clause | Terms |
|---|---|
| Starts | A Setting at the first employee, or a headcount the law ties to a plan. |
| Signs | The board adopts each plan, and an officer signs its documents (Governance). |
| Enrollment | Each employee enrolls in their window. Deductions flow to Payroll. |
| Filings | Each plan report files on its annual clock. |
| While held | Not used. Benefits start once the Startup has its own Company. |
Verbs
None.
Interfaces
Example
A clinical-trial matching service reaches 20 employees and adopts a health plan and a retirement plan. Fourteen employees enroll in the first window, and deductions start with the next pay run.