Payroll Service

FCMM Benefits and Retirement offers a payroll processing service that is coupled with the FCMM Long Term Disability/Term Life Insurance Plan (LTD) benefit. We offer a cost-effective service that enables a church of any size to administer worry-free payroll and tax reporting through a provider that understands church staff compensation and benefits.

Payroll Processing

FCMM Payroll Service includes: 

  • Payroll Processing
  • All Requisite Tax Filing (Federal and State)
  • Employee Direct Deposit
  • Issuing W-2s
  • Custom Reporting
  • Integration with FCMM Benefits administration

Simplified Benefits Payment

Withholding and payment of elective deferrals and employer contributions to FCMM Retirement Plan can be readily administered through the Payroll Service, eliminating separate payments to FCMM. Salary reporting and premium payment is automatic for the LTD Plan.

Cost Effective

The fees for the FCMM Payroll Service with FCMM LTD Plan coverage are bundled as a single rate based on size of payroll as shown in the following chart. “Gross Payroll” means all salary plus housing allowance and other miscellaneous earnings.

Annual Gross Payroll Rate (% of Gross Payroll amount)
< $150,000 1.75% with minimum charge of $80/payroll
$150,000 – $299,999 1.50%
$300,000 – $449,999 1.25%
$450,000 – $749,999 1.10%
$750,000 and up CALL

One-time startup fee is $100.

Disability and Life Insurance Coverage

The FCMM LTD with Term Life Insurance Plan is included with the Payroll Service. The group disability coverage is geared to the needs of church staff, including pastors. To maximize the value of the disability benefit to staff, FCMM requires that premiums for the LTD Plan be paid through employee payroll deductions processed by the Payroll Service. See the “Tax Choice” provsion under Bundled Benefits.

FCMM LTD features simple enrollment with guaranteed issue, “own occupation” definition of initial disability, a basic spousal benefit, and 60% replacement of covered income, defined as salary plus housing allowance. Also included is Term Life and Accidental Death & Dismemberment Insurance in the amount of $10,000. (Term Life benefit is reduced to 65% of that value at age 70, and to 50% at age 75.) All employees regularly working 25 hours per week or more are included.