Invest In Your Organization’s Most Valuable Assets.

StorkFund is the only employer-sponsored financial well-being platform which (i) enables your employees to proactively and easily save (ii) for a broad range of existing and future family life-cycle expenses, (iii) utilizing a combination of high-yield interest, investment returns, and discounted providers to extend your employees' purchasing power, (iv) without any eligibility, income, contribution, or portability restrictions and, most importantly (v) with platform oversight to ensure funds are exclusively withdrawn for family life-cycle expenses, supporting your employees when their families need it most, and during the financial events which are most likely to impact your organization’s success. Whether you are considering offering, or are already offering, your employees ESAs (Emergency Savings Accounts), PLESAs (pension-linked ESAs), HSAs (Health Savings Accounts), FSAs (Flexible Savings Accounts), DCFSAs (Dependent Care FSAs), or LSAs (Lifetime Savings Accounts), StorkFund's innovative design directly and uniquely addresses your employees' and organization's needs, making it a perfect complement to your existing benefits. In adopting a unique approach and centering its design around an employee's ability to successfully navigate family-life cycle expenses, StorkFund enables families to build wealth and employers to fuel the engines powering their organization’s success.

Stork manages all of the administration, communication, and compliance relating to StorkFund accounts and, in particular, employee withdrawals from StorkFund accounts. Your employees may request to withdraw funds to cover their fertility, parental leave, childbirth, childcare, education, enrichment, and medical expenses, and provide the supporting documentation relating to the request, by submitting a request on StorkFund's platform. StorkFund will release the requested funds upon prompt verification of the expense; handling the entirety of the review process, so you don't have to. Additionally, to ensure the funds you've contributed and earmarked for family life-cycle expenses are used accordingly, and to discourage parents and aspiring parents from withdrawing funds for "non-family life-cycle expenses", each StorkFund must remain open for at least one year (including a 90-day cancellation period when the StorkFund is initially created) and funds withdrawn for "non-family life-cycle expenses" after this period may be subject to penalties, depending upon the age of the StorkFund and the reason for withdrawal. Clear details regarding any penalty for a non-family life-cycle withdrawal will be provided and clearly outlined in the terms and conditions of your employees' StorkFund accounts.

The amount you choose to contribute to your employees' StorkFund accounts each month will be entirely up to you. We understand contribution amounts and conditions will vary, based upon an organization's size, industry, and strategic objectives. When you partner with StorkFund and design your program, you will determine the contribution amounts and contribution conditions (such as vesting and eligibility criteria) which you believe align with your organization's financial objectives and needs. Investing in, and providing a match to, your employees encourages employees to prioritize their financial well-being and enables them to bring their best, most whole, and productive selves to the workplace. As a result, we strongly suggest employers provide a meaningful contribution match, to take full advantage of the strategic advantages offering a StorkFund can provide.

Absolutely. Integrating with your existing payroll system, via a unified API for HRIS and payroll, is essential and will provide Stork with the ability to seamlessly facilitate the necessary payroll deductions and matching contributions. We'll integrate with your existing HR system, in a matter of minutes, and no manual data entry, bulk uploads, or SFTP servers will be required to offer StorkFund as a benefit to your employees.

Absolutely. StorkFund's platform is highly adaptable and we work with organizations of all sizes and types, designing bespoke programs with various contribution amounts and contribution conditions (such as vesting and eligibility criteria) which align with each organization's particular financial objectives and needs. Whether your organization is an early-, growth-, or mature-stage organization, is interested in supplementing its existing suite of well-being benefits, or is considering launching a financial well-being platform with StorkFund at its core, we're committed to creating an impactful solution that aligns with your organization's and employees' needs.