Overview
The Pre-tax HSA CIP Report is used to monitor the HSA application status. If an employee’s identity is not verified, the account will not be opened to receive contributions.
Here are a few key details to keep in mind when creating Pre-tax HSA CIP Reports:
- The report will only include HSAs that begin on or after the report start date
- Report generation may take up to an hour, depending on the amount of data. Once ready, it will appear under "Ready to Start" for download
The sample Pre-tax HSA CIP Report outlines what information is included on this report.
How to create a Pre-tax Account Report
To get started, log in to Forma Admin and click “Reports” from the menu on the left. Click the "New Report" button, select "Pre-tax Benefits" report type, and select "Pre-tax HSA CIP Report" from the list of templates.
Next, select the reporting period and optional columns to include in your report.
Included columns: These columns will always be included on the Pre-tax Account Report and can’t be deselected.
- Employee Status
- Account status (this is from the elections file and does NOT indicate whether the HSA account is open with the bank. Please refer to the bank account status field for that information)
- Bank Account Status: Open or Closed. It will be blank if the Application Status is not Approved.
- Application Status: CIP status. Whether or not the account has completed the application.
- Account Start Date
- Account End Date
Optional columns: By default, these columns will be included in the report. You can exclude columns by unchecking the box.
- External Employee ID
- Primary Email: Email employees use to log into Forma, usually the work email. If the employee is terminated, the email will be updated to personal email.
- Full Name
- Pay Group
- Department
- Entity
- HSA Investment
Click “Run Report” to create the report.
While the report is being created:
When the report is ready to download:
Report generation time depends on the amount of data in the report. If the download button isn't available, try refreshing the page.