Provide Necessary Plan Data Clause Samples
Provide Necessary Plan Data. Plan Sponsor shall provide NBS with Participant data, which includes Participant name, Participant identifying number, date of birth, date of hire, election amounts (FSA, LFSA and DCAP), effective date, banking information (if direct deposit of claim reimbursements has been elected by the Participant), email address to send confirmation of claim payment, physical mailing address (for HSA benefit Participants this cannot include a P.O. box), debit card election for Participants, and relevant dependent information. For existing Plans, additional information which must be provided includes year-to-date deposits, claims, and Participant terminations.
