Employee receives an increase in their net pay by opting into the plan.

Increase can be pocketed, or used for voluntary benefits, ie. vision, dental, disability, life insurance

Will likely be ~$180 increase per month

Employer enjoy a savings on FICA taxes due to tax arbitrage for employee benefit pay.

Will likely be ~$670 per employee per year.

Employer is able to reallocate funds from FICA taxes into payroll and benefits