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For Second Consecutive Year, WageWorks Ranks on Inc. Magazine's List of America's 500 Fastest-Growing Private Companies; Provider of Consumer-Driven Tax-Advantaged Spending Accounts Achieves Three-Year Growth of 1,802.4 %.


SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- WageWorks(R), the nation's leading provider of consumer-driven tax-advantaged spending accounts for health care, dependent care and commuter benefits Commuter benefits is the common description of what the Internal Revenue Service calls "Qualified Transportation Fringe Benefits" (QTFB) or Section 132(f).

The [IRS Final Regulations on Qualified Transportation Fringe Benefits] may be found at [1]
, ranked No. 26 on Inc. magazine's annual list of America's 500 fastest growing private companies. The company recorded three-year growth of 1,802.4%.

"We are thrilled to have achieved inclusion on this prestigious list for the second year in a row," said Jon Kessler, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of WageWorks. "We are always looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 ways to widen our reach and deliver tax-advantaged benefits to more consumers. This mindset mind·set or mind-set
n.
1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations.

2. An inclination or a habit.
, as well as our focus on constantly improving customer service, will help us continue to thrive through our next growth stage."

In 2005, the company ranked No. 24, recording three-year growth of 2,117 %.

About WageWorks

Established in 2000, WageWorks is the nation's leading provider of tax advantaged consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level.  and savings programs, including flexible spending accounts flexible spending account,
n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are
, health savings accounts, health reimbursement arrangements, commuter benefits and COBRA. The unique delivery platform features online tools and provides the flexibility to work with any combination of health insurance carrier or financial institution. WageWorks' debit cards compliment the delivery platform to provide complete integration of all health account activity to ensure ease of use and ready access to employee or employer contributions. Many of America's largest employers and millions of their benefits-eligible employees seeking to save money and make smart choices about their health care, dependent care and commuter expenses use WageWorks. WageWorks ranked No. 26 on Inc. Magazine's 2006 list of 500 fastest-growing private companies in America.

WageWorks is headquartered in San Mateo, Calif., with offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Chicago, Washington, D.C., Phoenix, Ariz., Mequon, Wis., and Troy, Mich. For more information, please visit www.wageworks.com, e-mail WageWorks at info@wageworks.com or call 650-577-5200.

Inc. 500 Methodology

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent -- not subsidiaries or divisions of other companies -- as of December 31, 2005, and have at least $600,000 in net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
 in the base year. Visit http://www.inc.com to dig deeper into this year's Inc. 500 rankings.

To celebrate the 25th annual Inc. 500 list, Inc.com has assembled an exclusive lineup of interactive resources that includes:

--Interactive maps allowing for quick insight into regional and industry trends

--A timeline of world events and pop culture trends that shaped the past 25 years that explains how the Inc. 500 corresponds to and is reflected by those events

--Slide shows of the top companies and most innovative products from the Inc. 500 class of 2006

--A quiz that includes interesting facts such as which former Inc. 500 CEO won a World Series ring.

About Inc.

Inc., http://www.inc.com, the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 25, 2006
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