Keller of Brouse McDowell is presented about the role of a plan fiduciary and how to comply with the Employee Retirement Income Security Act of 1974 (ERISA) requirements. She defines a plan fiduciary as any business or individual who exercises authority over plan management. She stresses that ...
ERISA’s disclosure requirements are the responsibility of the employer, not the insurance company. Failure to comply could result in significant penalties and lawsuits for the employer. Under ERISA, employers are responsible for submitting very detailed and time sensitive documents to the government and...
401(k) Plan Nondiscrimination Testing and Compliance: Guidance for Employee Benefits Couns... Impact of SECURE 2.0, IRS Requirements, Avoiding Corrective Distributions,... June 6, 2024 • CLE • CLE On-Demand This CLE webinar will provide employee benefits attorneys, plan sponsors, and admini...
Do you haveplan documentsandsummary plandescriptions for your ERISA plans? Are they up-to-date? Do they satisfyDOL requirements? Do you have contracts in place with yourplan providers? (TPA's, recordkeepers, etc.) Are the terms of plans followed in operation?
(who remained a participant in the plan) of changes to the plan that compelled arbitration was inconsistent with ERISA’s notice requirements, and that, to the extent the arbitration agreement served as a “waiver of a party’s right to pursue statutory remedies,” the agreement was ...
plans allow employers that offer multiple separate benefit plans, such as medical, dental, vision, life insurance, and others, to “wrap” these benefits into a single plan for the purposes of ERISA compliance and meet the disclosure requirements in order to minimize the risk of non-compliance....
Income Security Act of 1974 (ERISA), the Internal Revenue Code, and the plan’s own documents. This includes critical tasks such as managing payroll data for accuracy, determining employee eligibility, overseeing plan enrollments and distributions, and ensuring timely and accurate filing of Form ...
ERISA Solutions provides a web-based Summary Plan Description (SPD) Wrap documents service that allows clients and their brokers to easily create, store and update summary plan description documents, as needed. The SPD Wrap creates one document and overall SPD required for all health and welfare ...
Assisting plan sponsors and administrators in complying with ERISA, IRC, ACA, HIPAA, COBRA, and USERRA requirements Assisting in the administration of Qualified Domestic Relations Orders (QDROs) and Qualified Medical Child Support Orders (QMCSOs) ...
With Quick Reference to ERISA Compliance, you can easily determine what you need to do to comply with all the ERISA rules and the many related IRS, DOL, and PBGC requirements. Full of instructive flowcharts and plain-English guidance, you get instant direction on the reports and disclosures ...