Premium only plan is a pre-tax basis plan for the employer-sponsored benefits like group term life insurance or a Health Savings Account (HSA). To establish premium only section 125 plan, you need to put the details in writing, sign it and file it within the company records. Once you have a Section 125 POP, the IRS requires you to submit to non-discrimination testing once a year to curtail the abuse of these benefits by highly compensated employees. Contact us on +1 818 264-1325.to know more about how you can benefit from Section 125 plan and detailed steps to administer it. Visit: https://www.dfinsurance.com/services/aca/premium-only-plan-pop