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

Benefits Compliance Consulting, ERISA Compliance

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 BC2|2025-07-06T13:59:18-04:00June 10, 2023|Benefits Compliance Consulting, ERISA Compliance|Comments Off

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 BC2|2025-07-06T13:52:21-04:00September 5, 2019|ERISA Compliance|Comments Off

Letter 226-J Benefits Compliance Notification Received By Office?

What is the Letter 226-J Benefits Compliance Notification and What Does it Mean for An Employer? Letter 226-J benefits compliance can be an intimidating topic. The letter 226-J is a latter that is sent to applicable large [...]

By BC2|2025-07-06T13:37:19-04:00June 16, 2018|ERISA Compliance|Comments Off

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 BC2|2025-06-23T18:10:30-04:00February 1, 2018|Benefits Compliance Consulting, ERISA, ERISA Compliance|Comments Off

End-of-Year ERISA Benefits Compliance for Your Business

Is your business prepared to close out 2025 in full compliance and confidence? As the year winds down, many employers are busy with budgets, payroll, and holiday schedules. But innovative businesses know that year-end compliance is where the [...]

By BC2|2025-10-23T17:43:40-04:00December 7, 2017|ACA Compliance, Benefits Compliance Consulting, ERISA Compliance, Form 5500|Comments Off

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“We recently became members of the ERISAlliance Network and could not be more pleased! We are so relieved to have a one stop shop for all of our benefits plan administration and ERISA compliance needs.”

IAG, Inc., Des Moines, Iowa

“Thank you for helping Optiver, Inc… It is a big relief for them to be in ERISA compliance.

CMC Advisory Group, Chicago, Illinois

“Thank you very much for helping us navigate through this process. We are very pleased that we can now look forward to regular, timely Form 5500 filings. We have enjoyed working with you.”

Optiver, Inc., Chicago, Illinois

“You did a great job on our Form 5500 preparation as usual… Now, that’s what we call service!”

JENOPTIK Optical Systems, Inc., Jupiter, Florida

“We cannot thank you enough for getting us in compliance. You were most accommodating and we wouldn’t have known what to do or where to turn without your guidance. We would certainly tell you to list us as a reference. We learned a lot from you and look forward to working with you again.”

The Nevins Nursing and Rehabilitation Centre, Methuen, Massachusetts

“THANK YOU!!!! We want to thank you very much for the great work you did on our Form 5500 filing. You made the process painless. You were fast and efficient and you even got it filed before our deadline.”

Third Sector New England Company , Boston, Massachusetts

“What a mess we had… Great job sorting through it all. Thank you for all of your hard work on our Form 5500 filing and plan document.

Jackson General Hospital, Ripley, West Virginia

“I have worked with Benefits Compliance Consultants for about 18 months now. They made it so easy for me to learn about Form 5500’s so that I in turn could educate my clients about this important part of our industry. From the very first client they impressed not only us at Ameriflex, but our clients, with their expertise. I have been able to use their Form 5500 filing services product as a stepping stone to sell other products. While initially I acted as a middle man between their company and our client, I quickly built so much trust in them that I now refer people directly to them without hesitation. Just recently, they bent over backwards to assist one of my brokers out (during the busy season, no less), and it helped this client get out of a really tight spot. As the complexities and Form 5500 filing fees mounted for this client, they made sure that all parties were kept abreast of exactly what was going on with everything. Bottom line: I would recommend anyone to Benefits Compliance Consultants for help with their or their clients’ ERISA needs.

Sally Volstad, Regional VP (Midwest), Ameriflex Business Solutions

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

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