Compliance and Legislation
Avoid Costly Lawsuits
To help you avoid the costly lawsuits and the drain on your business' resources that come from compliance violations, you need the assistance of an experienced compliance and legislation expert.
At Johnson Benefit Planning, we provide a variety of services that include:
Wrap Documents
Companies all over the country offer employer-sponsored group health plans, not knowing they are at risk for penalties of up to $110 per employee, per day. They assume someone else has made sure all is in order, but that’s not always the case. Ultimately, it is the employer’s responsibility to ensure that all plan documents are present and in compliance with Affordable Care Act (ACA), Department of Labor (DOL), and Internal Revenue Service (IRS) rules. This includes having the DOL- and ACA-required ERISA Wrap SPD in place. Johnson Benefit Planning has all the tools to make sure your WRAP Document is current and in compliance.
Employee benefit statement
Even though employers in the U.S. pay the majority of their employee's benefit costs, this money is often largely invisible to employees themselves. A comprehensive employee benefit statement can help to provide specific and detailed information regarding employee benefits and compensation so your workforce better understands the funds you spend on their behalf.
ACA & DOL compliance.
The Affordable Care Act and Department of Labor continuously create complex rules and regulations that impact employee benefit plans. Our compliance standards team can keep your business up-to-date on the latest changes. A DOL Audit can have an adverse effect on your company and employees. With our up to date audit review we can make sure you are in compliance.
Employee handbook
A well-written and thorough employee handbook offers businesses a variety of benefits, including legal protection, guidance for managers, employee expectations, orientation guidelines, and a clear code of conduct.
M1 and 5500 Filings
Some groups are required to file with the federal government. Johnson Benefit Planning will assist you and arrange for completion of those requirements.
1094/1095 filing
Not only does the government require that some employers offer health insurance, but that they report the coverage they offer as well. Knowing how to accurately fill out these IRS forms can save you a lot of time and money.
HR assistance
Keeping track of regulations and benefits trends while making sure your business stays compliant can be difficult and time consuming. We have all the materials you need to successfully manage your workforce. Our clients have access to thousands of easy-to-read resources designed to improve your HR best practices.