Business

How DOL Audits and New Compliance Mandates Could Impact Your Benefits Plan in 2024

As we approach the end of 2024, businesses must be aware of upcoming Department of Labor (DOL) audits and compliance mandates that could impact their benefits plans. Ensuring your benefits plan complies with these new regulations is [...]

By |2024-09-18T09:45:23-04:00September 17, 2024|Audit, Benefits Compliance Consulting, Business, DOL, Health Benefits, Plan Document, Wrap SPD|Comments Off on How DOL Audits and New Compliance Mandates Could Impact Your Benefits Plan in 2024

New Compliance Requirements Added by the Secure Act

How the Secure Act Revolutionizes Your Retirement: Unpacking the Details The Secure Act, or Setting Every Community Up for Retirement Enhancement Act, is a bipartisan reform bill that increases access to benefit plans and expands employee retirement [...]

By |2023-11-18T19:53:04-05:00June 10, 2023|Business|Comments Off on New Compliance Requirements Added by the Secure Act

Compliance Consulting Services Help Grow Your Business.

Compliance consulting services are a fact of life in the running of a business. Our benefit consultants group is prepared to assist you with all your compliance consulting needs. We hope you enjoy our post on how [...]

By |2023-11-18T19:55:55-05:00June 10, 2023|Business|Comments Off on Compliance Consulting Services Help Grow Your Business.

Department of Labor – “Request for Information and Required Response”

URGENT COMPLIANCE BULLETIN FOR IMMEDIATE RELEASE Date:              May 20, 2021 From:             Benefits Compliance Consultants ([email protected]) To:                  All Employee Benefits Agents and Plan Administrators Re:                  Department of Labor – “Request for Information and Required Response” [...]

By |2023-11-18T19:59:10-05:00May 23, 2021|Business|Comments Off on Department of Labor – “Request for Information and Required Response”

Avoiding IRS Penalties with Monthly ACA Compliance

As the IRS is expected to follow through on the ACA mandate fervently, it is critical that employers comply with the ACA process to avoid any penalties from the Internal Revenue Service. As per the mandate, companies [...]

By |2023-11-18T20:01:00-05:00July 7, 2020|Business|Comments Off on Avoiding IRS Penalties with Monthly ACA Compliance

ACA Compliance Remains a Concern for Employers

Ever since the ACA came into being, a lot of organizations have always struggled to understand all the requirements and guidelines that came with it. It has always remained an issue for employers. Some companies, on the other [...]

By |2023-11-05T17:38:43-05:00March 26, 2020|Business|Comments Off on ACA Compliance Remains a Concern for Employers

Busiest Trends in Work Benefits for 2020 & What to Expect?

With the economy at record highs, employers from all over the country are strategizing on ways to attract and retain prospective top talents for their companies. One of the most effective ways they do this is by providing [...]

By |2023-11-05T17:37:24-05:00February 9, 2020|Business|Comments Off on Busiest Trends in Work Benefits for 2020 & What to Expect?

ERISA’s Electronic Disclosure Rules

New Electronic Disclosure Rules Proposed by the DOL and its DetailsThe Department of Labor has proposed that retirement plans would need to have a new safe harbor process for the electronic delivery of participant notices. This comes as [...]

By |2023-11-05T17:36:35-05:00January 27, 2020|Business|Comments Off on ERISA’s Electronic Disclosure Rules

Are You ERISA Compliant? Hire a Consultant to Provide Guidance

ERISA, which stands for Employee Retirement Income Security Act is a federal law that safeguards retirement plans such as 401ks and health and welfare benefit plans for private employers. The law has been amended many times since [...]

By |2023-06-27T15:37:09-04:00February 26, 2019|Benefits Compliance Consulting, Business, DOL, ERISA, Form 5500, Plan Document|Comments Off on Are You ERISA Compliant? Hire a Consultant to Provide Guidance

Form 5500 Answers, Wrap Plans and Benefits Compliance

Form 5500 Answers, Wrap Plans, and Benefits Compliance Want Form 5500 Answers? The Form 5500 series is a joint development by the DOL, the IRS, and the PBGC. It is a series of returns used to register information on employee [...]

By |2023-12-07T14:41:11-05:00October 7, 2018|Business|Comments Off on Form 5500 Answers, Wrap Plans and Benefits Compliance
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