Do you offer any of these benefits to your employees?
- Life Insurance
- Tuition Reimbursement
- Pre-Paid Legal
- Flexible Spending Account (FSA)
- Health Savings Account (HAS)
- Health Reimbursement Arrangement
Most employers offer at least one of these benefits but don’t realize that there is a requirement to have a written plan document that covers how the benefits are handled. Unfortunately, documentation from the insurance company rarely fulfils that requirement. There is mandatory ERISA language that must be contained within each formal plan document. This language outlines each party’s rights and responsibilities and serves to protect the plan sponsor.
We offer a free review of your health and welfare documents and will let you know if you are compliance. We can also provide you with written plan documents at a fraction of the cost of other providers.
“With all of our other business requirements, personnel changes over the years, and ever-changing regulatory requirements, welfare plan documents and Form 5500 filings didn’t get a lot of attention at our company. We needed help to ensure we were compliant. Noble-Davis quickly became a trusted, valuable addition to our team. They provided the correct plan documents and helped us file all Form 5500s. We are now at ease that our welfare plans are meeting all requirements and will continue to meet requirements in the future.” – S. L., Manufacturing Company