Businesses today are dealing with an overwhelming number of Federal and State legal requirements. Exacerbating the situation, government entities such as the DOL, IRS, HHS and EBSA (just to name a few), are aggressively targeting, auditing, and penalizing companies who fail to comply with long-standing, as well as recently enacted legislation.

The administrative burden to remain compliant is growing more burdensome every day, especially for small to mid-sized business. And the fines for compliance lapses are so financially punishing that businesses today simply can’t afford to be anything less than flawlessly diligent in this area.

We provide a first place to turn for guidance and support on many of these compliance issues. A small sampling of our compliance services includes:

  • Evaluation of plan design to ensure compliance with state and federal regulations

  • Establishment of annual compliance calendar which provides timeline of milestones for key deliverables such as 5550 filings, 1095 filings, PCORI filing fees and ACA reinsurance fees

  • Preparation of signature-ready section 125 plan documents and amendments, 5500 filing documents for ACA compliance, SPD/wrap documents for ERISA compliance

  • Assistance with evaluation of COBRA, HIPAA, FMLA, ADA, ERISA and DOL compliance procedures

  • Guidance to assist with compliance with ERISA, FMLA, USERRA, Medicare Part D and other federal legislation that directly affects the administration of plan benefits

  • Creation of templates and sample compliance notices, certificates of creditable coverage and enrollment forms

  • Audit of wellness initiatives for ACA compliance relative to premium credits and surcharges

  • Review of employee handbook to address any compliance issues, easy to use employee handbook template

  • Compliance training via conference calls, and onsite presentations

  • Legislative updates and technical bulletins on legislative actions and other breaking news

  • Extend compliance consulting access with ask the Pro HR advice.

To learn more about employee benefits compliance, or for assistance with developing a compliance action plan, contact us.