ERISA Complete
What’s ERISA?
The Employment Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntary established pension and health plans in private industry to provide protection from individuals in these plans. ERISA is governed by the U.S. Department of Labor and enforced by the Employee Benefits Security Administration (EBSA).
What’s Included?
For health and welfare plans.
Legally prepared SPD/Wrap documents.
Optional inclusion of IRS Form 5500.
Our dynamic ERISA Calendar.
Complete library of ERISA plan notices, documents, checklists, & updates.
Access to our attorneys for ERISA Support.
$5 Million ERISA service guarantee.
Becoming compliant
An employer with a welfare plan is required to provide participants a Summary Plan Description within 90 days of the start of coverage.
If modifications or reductions in benefits are made in a plan year, an employer is required to send participants legal notices.
All employees eligible to enroll in group health plans need to receive a HIPAA notice before enrolling in the plan.
Many other life changes trigger notices that ERISA requires employers to send legal notices to plan participants.
Our dynamic calendar includes plan documents and notices.