Compliance
It provides you with confidence for a better future -
Compliance is everywhere, and plays a crucial role in the world of healthcare and benefits. Keeping compliant is the most complex, and potentially costly, aspect of managing a benefits plan. But your don’t have to go through it alone. We work hand-in-hand with clients to manage these and other compliance hurdles:
It’s All About Planning.
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1094/1095 Reporting
All self-insured plans, as well as all Applicable Large Employers (ALE’s) must complete this reporting each year. We work with you directly to determine, calculate and file these onerous forms.
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DOL / ERISA Compliance
With the passage of the Affordable Care Act (ACA), government oversight of health and welfare plans is at an all-time high, and both old and new laws are being enforced strictly. Understanding the law is one thing, but being prepared and having your "house in order" is quite another. We work with each client independently to make sure they have a customized plan and all of the proper protocols in place.
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Form 5500
They’re not just for retirement plans. Do you have more than 100 employees participating in one of your plans? Do you have plan assets? Do you have to file a 5500 form? Knowing you have to file a 5500 form is only half the battle. Making sure you file it properly is critical, as fines for misfiling or failing to file are substantial. We cannot file a 5500 on your behalf, but we have the knowledge and resources to guide you through the preparation process.