Secure Your Benefits Compliance with Our SPD/Wrap Plan Forms Service

Navigating the complexities of pension plan management can be overwhelming. That’s where wrap plan forms come in. These documents serve as a one-stop-shop for all the employee benefits you offer, making administration a breeze.

SPD/What Wrap Plan Forms Include

  • Comprehensive Benefits Overview: Wrap plan forms detail all the health and welfare benefits available to employees and their beneficiaries.
  • Supplementary Material: These forms refer to additional insurance booklets and plan certificates, aiding SPD compliance.
  • Legal Disclosures: They include all the necessary disclosures required by ERISA and COBRA.

How We Help

As a leading provider of wrap plan documents, we offer a continually updated ERISA SPD Compliance system.

Our services include:

  • Customized Documents: Tailor-made wrap plan forms and SPD documents that refer to additional insurance and plan booklets.
  • Distribution Guidelines: We outline when and how to distribute these forms to plan participants.
  • Ongoing Updates: Our documents are always up-to-date, ensuring you’re always in compliance.

ERISA and SPD: What You Need to Know

The Federal Employee Retirement Income Security Act (ERISA) mandates that employers disclose specific information about the benefits they offer. Non-compliance can lead to penalties and audits. ERISA requires:

  1. A well-documented plan available to employees upon request.
  2. Full communication of benefits details to employees through a Summary Plan Description (SPD).
  3. Annual financial reporting to the Department of Labor via Forms 5500 or 5500-SF, depending on the number of plan participants.

Who Can Benefit from Our Services?

Our wrap plan forms are ideal for private sector employers bound by ERISA, with a workforce of at least 20 employees.

Why Choose Wrap Plan Forms?

  • Simplified Administration: All benefits are summarized under one plan, making Form 5500 filing easier.
  • Clear Communication: Translates complex actuarial language into straightforward ERISA terms.
  • Audit Preparedness: These documents are invaluable during audit reviews.

Secure Your Benefits Compliance with Our SPD/Wrap Plan Forms Service

Navigate the complexities of ERISA compliance effortlessly with our specialized Wrap Plan Forms service. Let’s get started.