Section 25-17-9 requires companies providing Section 125 cafeteria plans for state and local government entities in Mississippi to be on the approved list compiled by the State Auditor (on our website). This does not mean that this office has evaluated these companies’ expertise or quality of service; only that they are authorized to do business in Mississippi, maintain an office in this state with sufficient staff and equipment to render the contracted services, and maintain appropriate bonds if they escrow funds. Entities contracting with a cafeteria plan provider need to perform their own due diligence as with any other contract.