Activity in sectors such as physician medical groups and other services drove much of the volume in the third quarter, with 112 and 140 deals, respectively.

The employer who received the IRS letter can fund HSAs, HRAs and student loan aid through a retirement plan.

National Savings Day is the perfect opportunity for employers to host financial workshops, remind employees about student loan assistance options and provide personalized savings projections during October, says GoBankingRates.