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| ERISA Solutions, Inc. is a subsidiary of HR Service, Inc. © ERISA Solutions, Inc. 2015 | Toll Free: 855-447-3375 (855-4HR-DESK) | Site Map | |||||||||||
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Summary Plan Descriptions & SPD Wraps ERISA Solutions provides a web-based Summary Plan Description (SPD) Wrap service that allows clients and their broker to easily create, store and update summary plan description documents, as needed. With the SPD Wrap, it creates one document and overall SPD required for all health and welfare benefits such as medical, dental, life, disability, FSA, etc. In accordance with the Employee Retirement Income and Security Act of 1974 (ERISA), all employers must have a written Summary Plan Description (SPD) for each separate welfare benefit plan (e.g., medical, dental, 125 plan, life, disability, etc.), informing participants of eligibility requirements, benefits, claims and appeals procedures, and rights. Although insurance providers may provide some information required for summary plan description compliance, it is a common mistake for employers to think that the summary insurance information they receive from their insurance provider meets their summary plan description requirements. A common approach is to combine all SPDs into one overall SPD Wrap notice, tying in the required ERISA language and simplifying the SPD notice process. Use ERISA Solutions to create and manage your SPD Wrap making sure you pass ERISA Audits. The service includes Summary Material Modifications (SMM) anytime you need to create this notice related to material changes to any of your health and welfare benefit plans. |
Employee Notices Depending on the number of participants and how your medical plan is setup, ERISA requires organizations to provide multiple notices, some annually and others based on certain triggering events such as a COBRA qualifying event notice. ERISA Solutions provides the following web-based, automated employee notices, making ERISA compliance easy:
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Legal Alerts & Due Date Reminders ERISA Solutions keeps clients current with the Affordable Healthcare Act, ERISA and all employment laws through our Legal Alert and Due Date Reminder email, and HR Training Bulletin. ERISA Solutions sends one legal update and one training bulletin to participating clients each month. Package Options: ERISA Solutions offers the following Compliance package options:
Standalone Options:
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