Company contribution

The contribution scheme—sometimes known as contribution strategy—is the amount of money that an employer contributes to an employee’s benefits. This amount is included in the contract with the insurance carrier and can’t be changed until the company renews benefits at the end of the plan year.

You can find your contribution scheme in the Benefits section of your Gusto account.

No employer with fewer than 50 full-time employees is subject to a minimum contribution. If you have 50+ employees, your company is likely subject to the employer mandate of the Affordable Care Act, including the "Employer Responsibility" provision. Learn more from the IRS.

If you're contributing less than 100%, the remaining employee portion is collected by payroll deductions and left in your company account to pay the insurance premiums in one lump sum.