Tag: ERISA Wrap

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: Evergreen ERISA Wrap Document for Small Groups

Do you think your group is too small to comply with ERISA regulations? Think again.

No group is too small for this law. Beat the fourth quarter rush and let Sterling help you comply with ERISA requirements by taking advantage of our Evergreen ERISA Wrap Document service.

Limited Time Special Offer:

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

Special pricing ends September 1, 2014. Don’t miss this opportunity. Contact your Sterling Sales Representative or Sterling Client Services Specialist today and let us help make the complex simple.

For Employers: July 31 Form 5500 Filing Deadline!

July 31 is fast approaching! That’s the deadline when Form 5500 Filings must be completed for groups of over 100 plan participants under a health and welfare plan with a plan year that ends December 31, 2012. We can help and just need for you to sign up for our Form 5500 Filing service and provide your information by July 1, 2013 in order to avoid additional charges for a filing extension.

All employers with over 100 plan participants are required to file Form 5500 within 7 months of the end of their plan year, so be sure to check when your plan year ends and contact us at least one month prior to help with your Form 5500 Filing.

Sterling Health Services Administration can complete the Form 5500 Filing, whether or not we administer your benefit plans, HRA or FSA. Among the Form 5500 Filing services we offer are:

  • All documents, including Form 5500, Schedule As, and Schedule Cs available for employer review on a secure, password-protected portal. Employers can choose to file electronically or let Sterling file for them.
  • Preparation of IRS Form 5558 to request a filing extension, if needed.
  • Working with employers to amend past incorrect or insufficient filings to ensure IRS compliance.
  • Records maintenance for future reference in the event of questions from the IRS or Department of Labor.

Check here for more information, including a Form 5500 application and information on our Form 5500 Filing services and fees. Contact your broker or Sterling sales representative to get this process started before July 1, 2013.

And Don’t Forget Your ERISA Wrap

Sterling also prepares ERISA Wrap plan documents for employers with large and small groups to comply with ERISA relating to your group-sponsored benefits. The federal ERISA law mandates that employers comply with strict requirements for disclosing plan information to all eligible employees. Using a “wrap document” to bundle benefits into one plan can make it much easier for employers to document benefits for legal compliance and to effectively communicate with employees.

Visit our website for complete details of our Standard and Optional ERISA Wrap administration services, and to download the employer application and services and fees collateral. Talk with your broker or Sterling sales representative to help with this compliance service as well.