Understanding PCORI and Its Importance

What is PCORI? The Patient-Centered Outcomes Research Institute (PCORI) is an independent, nonprofit organization established by the Patient Protection and Affordable Care Act (ACA) in 2010. PCORI's primary mission is to fund research that provides patients, caregivers, [...]

By |2024-07-09T21:42:27-04:00July 9, 2024|Benefits Compliance Consulting, ERISA Compliance, PCORI|Comments Off on Understanding PCORI and Its Importance

How to Ensure Compliance with the Latest ERISA Regulations

Ensuring compliance with the latest ERISA regulations is crucial for plan fiduciaries to protect retirement investors and adhere to the highest standards of care and loyalty. Below are key updates and best practices to help you navigate these [...]

By |2024-06-19T21:11:13-04:00June 12, 2024|ERISA, ERISA Compliance, Health Benefits|Comments Off on How to Ensure Compliance with the Latest ERISA Regulations

Understand IRS PCORI Fees Important Deadlines and Details for 2024

The Patient-Centered Outcomes Research Institute (PCORI) fee is a crucial part of the Affordable Care Act (ACA), designed to fund medical research through the PCORI Institute. For employers and plan sponsors who had a self-insured medical plan [...]

By |2024-05-28T22:19:44-04:00May 28, 2024|ERISA Compliance, PCORI|Comments Off on Understand IRS PCORI Fees Important Deadlines and Details for 2024

Filing Your Business Form 5500 in a Timely Manner

When managing a business with employee benefits, understanding the necessity of "Filing Your Business Form 5500" is crucial. This form ensures the government can verify that companies are properly managing their employee benefit plans. Although filing this form [...]

By |2024-04-21T18:36:17-04:00April 21, 2024|Benefits Compliance Consulting, ERISA Compliance, Form 5500|Comments Off on Filing Your Business Form 5500 in a Timely Manner

Avoid Penalties With Ease By Ensuring ERISA Compliance In 2024

Ensuring compliance with the Employee Retirement Income Security Act (ERISA) is crucial for employers to avoid hefty penalties. As we step into 2024, it's essential to stay updated on the adjustments to penalties and ensure your health plans [...]

By |2024-03-21T12:42:27-04:00March 21, 2024|Benefits Compliance Consulting, DOL, ERISA, ERISA Compliance, Form 5500, Health Benefits|Comments Off on Avoid Penalties With Ease By Ensuring ERISA Compliance In 2024

Who is Exempt from Filing Form 5500?

Is your business exempt from filing Form 5500? The Form 5500 is an annual report that is filed with the Department of Labor containing information about the financial conditions, investments, and operations of a 401k plan. It [...]

By |2023-12-01T08:39:46-05:00June 10, 2023|ERISA, ERISA Compliance, Form 5500|Comments Off on Who is Exempt from Filing Form 5500?

Benefit Plan Penalties: Employers to Face Steeper Benefit Plan Penalties for Non-compliance

Benefit plan penalties could soon see an upward adjustment to account for inflation. Most of these benefit plan penalties have not seen any updates for years. It is the duty of benefit plan managers to ensure that [...]

By |2023-11-18T19:54:37-05:00June 10, 2023|Benefits Compliance Consulting, ERISA Compliance|Comments Off on Benefit Plan Penalties: Employers to Face Steeper Benefit Plan Penalties for Non-compliance

All You Need To Know About Summary Plan Descriptions (SPD)

Summary Plan Descriptions (SPD) And All You Wanted To Know About ThemIt is imperative for the Benefit Plans, which are subject to the Employee Retirement Income Security Act (ERISA), to furnish the workers with an SPD (Summary Plan [...]

By |2023-11-05T18:00:32-05:00September 5, 2019|ERISA Compliance|Comments Off on All You Need To Know About Summary Plan Descriptions (SPD)

How ERISA Benefits Compliance Consultants Will Help Your Business

There are many law and accounting firms that will claim to provide the best assistance in ERISA compliance. Of course, it’s always disappointing when you receive a letter describing your non-compliance state as well as hefty fines [...]

By |2023-06-29T03:28:54-04:00February 1, 2018|Benefits Compliance Consulting, ERISA, ERISA Compliance|Comments Off on How ERISA Benefits Compliance Consultants Will Help Your Business
Go to Top