Tag: Compliance

For Employers & Producer Partners: Evergreen ERISA is Here to Stay!

Effective January 1, 2015, the Sterling Evergreen ERISA Wrap document service will be a permanent part of our product portfolio.

Let us take the worry out of compliance and help you comply with ERISA requirements by taking advantage of this service, as so many clients have done this year.

  • Must have less than 100 eligible employees
  • One time flat fee of only $550
  • Includes 5 year Evergreen ERISA Wrap document
  • Form 5500 not included and all other services and changes additional

Don’t miss this opportunity. Contact your Sterling Sales Representative today and let us help make the complex simple.

Action Required: ERISA Compliance is a Federal Law

ERISA (Employee Retirement Income Security Act) is a federal law that regulates group-sponsored benefits, often called welfare benefit plans. Failure to comply with all of the requirements under ERISA often subjects employers to severe penalties including court cases, awards and Department of Labor (DOL) fines.

Our compliance experts can help you prepare ERISA Wrap plan documents to avoid these problems.

We know this time of the year can be hectic. To give you one less thing to worry about, we’ve extended the special offer on our Evergreen ERISA Wrap Document service.

Limited Time Special Offer:

  • For ERISA Wrap effective dates June 1 – December 31, 2014
  • 5 year Evergreen ERISA Wrap Document
  • Must have less than 100 employees
  • Form 5500 not included, all other services and changes additional

Special offer ends December 31, 2014. Learn more about our ERISA Wrap Services.

Let us make the complex simple. Don’t miss this opportunity. Contact your Sterling Sales Representative today.

For Employers: It’s Not Too Late – We Can Still Help You Meet the September 30 Compliance Deadline

Are you an employer with employees in the greater San Francisco Bay Area? If so, you need to know about the new Bay Area Commuter Benefits Program and how to comply.

The Bay Area Commuter Benefits Program requires employers with 50 or more employees located in the greater Bay Area to provide commuter benefits to their employees by September 30, 2014.

The Bay Area is defined as the following counties:

  • Alameda
  • Contra Costa
  • Marin
  • Napa
  • San Francisco
  • San Mateo
  • Santa Clara
  • The western portion of Solano County (including Fairfield and points west)
  • The southern portion of Sonoma County (including Windsor and points south)

An easy way to comply is by setting up a transit & parking FSA through Sterling. We’ve administered these plans for years and can quickly help you meet the deadline.

In addition, employers are also required to register for the Bay Area Commuter Benefits Program and can do so here.

You can find more information on the San Francisco Commuter Benefits Ordinance Overview here and more information on the new requirements here.