Category: SPDs

The Rap on Wraps | PA Employee Benefit Advisors

Apr 10, 2018

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by

LR Webber

in ACA, ALEs, benefits, COBRA, Compliance, dental, dental health, Employees, Employers, ERISA, form 5500, Reporting, SPDs, vision, wrap document

There’s a good chance you use a wrap document to help satisfy your Employee Retirement Income Security Act (ERISA) summary plan description (SPD) obligations. Yet if you look for a definition of wrap document in ERISA statutes or regulations, you will not find one. The wrap is not a defined term or required document; it…
A DOL Audit Can Happen to You | Duncansville Benefit Consultants

Apr 4, 2018

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by

LR Webber

in 401k, DOL, DOL audit, ERISA, health, Latest News, Pennsylvania, Philadelphia, SPDs, ThinkHR, welfare

Summary plan descriptions (SPDs) are required for all retirement, health, and welfare plans subject to the Employee Retirement Income Security Act of 1974 (ERISA). However, misconceptions about this requirement are widespread. ERISA attorney Stacy H. Barrow, partner with Marathas Barrow Weatherhead Lent LLP, had a chat with ThinkHR about the importance of having proper ERISA…