PRODUCTS & SERVICES
At ERISAPros, we are committed delivering exemplary service at every level. We tailored our products to our client’s needs so that your expectations from an ERISA service are met.
We are always ahead of the competition; our team members have law degrees. A service level that is difficult to match. Compliance is more than paperwork for many clients and if you require a service that is designed only for you, we ensure you comply accurately.
Wrap Plan Solutions |
Consultative Platinum Package |
Consultative Gold Package |
Online Wrap-Tight® |
|---|---|---|---|
| Review of Master Service Agreements, insurance contracts and certificates by Consultant |
 |
||
| Review and identification of document discrepancies compared to compliance regulations and employer’s administrative practice |
|
||
| Searchable master PDF of Wrap Plan/SPD, along with insurance documents required for distribution |
|
||
| Extensive telephone consultation with client and/or broker/agent |
|
|
|
| Communication with client and/or broker/agent to review plan documents, answer questions and discuss distribution requirements |
|
|
|
| Access to Consultant for duration of Plan Year |
|
|
|
| Creation of Plan Amendments and Summary of Material Modifications (SMM) during Plan Year |
|
|
|
| Audit support on any DOL Wrap Plan audit |
|
|
|
| Long-term access to all Wrap documents via web-based file sharing site |
|
|
|
| Preparation of Wrap Plan document, aggregating all ERISA benefits into one document |
|
|
|
| Preparation of Summary Plan Description (SPD) that aligns to Wrap Plan |
|
|
|
| Qualified Medical Child Support Order (QMCSO) administrative procedure instructions |
|
|
|
| Digital copies (PDF) of Wrap Plan and SPD |
|
|
|
| Department of Labor (DOL) Safe Harbor electronic distribution instructions |
|
|
|
| Archive storage of plan documents |
|
|
|
| Federal Model Notice package |
|
|
|
| Compliance for the Plan Year |
|
|
|
| Annual legislative and compliance updates |
|
|
|
| Flat-fee pricing in lieu of hourly rates |
|
|
|
| Subsequent renewal subscription offered at reduced investment |
|
|
|
Wrap Plan Solutions |
Consultative Platinum Package |
|---|---|
| Review of Master Service Agreements, insurance contracts and certificates by Consultant |
|
| Review and identification of document discrepancies compared to compliance regulations and employer’s administrative practice |
|
| Searchable master PDF of Wrap Plan/SPD, along with insurance documents required for distribution |
|
| Extensive telephone consultation with client and/or broker/agent |
|
| Communication with client and/or broker/agent to review plan documents, answer questions and discuss distribution requirements |
|
| Access to Consultant for duration of Plan Year |
|
| Creation of Plan Amendments and Summary of Material Modifications (SMM) during Plan Year |
|
| Audit support on any DOL Wrap Plan audit |
|
| Long-term access to all Wrap documents via web-based file sharing site |
|
| Preparation of Wrap Plan document, aggregating all ERISA benefits into one document |
|
| Preparation of Summary Plan Description (SPD) that aligns to Wrap Plan |
|
| Qualified Medical Child Support Order (QMCSO) administrative procedure instructions |
|
| Digital copies (PDF) of Wrap Plan and SPD |
|
| Department of Labor (DOL) Safe Harbor electronic distribution instructions |
|
| Archive storage of plan documents |
|
| Federal Model Notice package |
|
| Compliance for the Plan Year |
|
| Annual legislative and compliance updates |
|
| Flat-fee pricing in lieu of hourly rates |
|
| Subsequent renewal subscription offered at reduced investment |
|
Wrap Plan Solutions |
Consultative Gold Package |
|---|---|
| Review of Master Service Agreements, insurance contracts and certificates by Consultant | — |
| Review and identification of document discrepancies compared to compliance regulations and employer’s administrative practice | — |
| Searchable master PDF of Wrap Plan/SPD, along with insurance documents required for distribution | — |
| Extensive telephone consultation with client and/or broker/agent |
|
| Communication with client and/or broker/agent to review plan documents, answer questions and discuss distribution requirements |
|
| Access to Consultant for duration of Plan Year |
|
| Creation of Plan Amendments and Summary of Material Modifications (SMM) during Plan Year |
|
| Audit support on any DOL Wrap Plan audit |
|
| Long-term access to all Wrap documents via web-based file sharing site |
|
| Preparation of Wrap Plan document, aggregating all ERISA benefits into one document |
|
| Preparation of Summary Plan Description (SPD) that aligns to Wrap Plan |
|
| Qualified Medical Child Support Order (QMCSO) administrative procedure instructions |
|
| Digital copies (PDF) of Wrap Plan and SPD |
|
| Department of Labor (DOL) Safe Harbor electronic distribution instructions |
|
| Archive storage of plan documents |
|
| Federal Model Notice package |
|
| Compliance for the Plan Year |
|
| Annual legislative and compliance updates |
|
| Flat-fee pricing in lieu of hourly rates |
|
| Subsequent renewal subscription offered at reduced investment |
|
Wrap Plan Solutions |
Online Wrap-Tight® |
|---|---|
| Review of Master Service Agreements, insurance contracts and certificates by Consultant | — |
| Review and identification of document discrepancies compared to compliance regulations and employer’s administrative practice | — |
| Searchable master PDF of Wrap Plan/SPD, along with insurance documents required for distribution | — |
| Extensive telephone consultation with client and/or broker/agent | — |
| Communication with client and/or broker/agent to review plan documents, answer questions and discuss distribution requirements | — |
| Access to Consultant for duration of Plan Year | — |
| Creation of Plan Amendments and Summary of Material Modifications (SMM) during Plan Year | — |
| Audit support on any DOL Wrap Plan audit | — |
| Long-term access to all Wrap documents via web-based file sharing site | — |
| Preparation of Wrap Plan document, aggregating all ERISA benefits into one document |
|
| Preparation of Summary Plan Description (SPD) that aligns to Wrap Plan |
|
| Qualified Medical Child Support Order (QMCSO) administrative procedure instructions |
|
| Digital copies (PDF) of Wrap Plan and SPD |
|
| Department of Labor (DOL) Safe Harbor electronic distribution instructions |
|
| Archive storage of plan documents |
|
| Federal Model Notice package |
|
| Compliance for the Plan Year |
|
| Annual legislative and compliance updates |
|
| Flat-fee pricing in lieu of hourly rates |
|
| Subsequent renewal subscription offered at reduced investment |
|
Online Wrap–Tight® Solutions
Use Wrap–Tight® online to produce ERISA wrap welfare benefit plans and SPDs.
Watch our 2 minute introduction.
Form 5500 Preparation |
|---|
| Simple and efficient filing process to meet deadlines |
| Pre-filled plan worksheets in alignment with ERISAPros Plan document or prior 5500 filing |
| Extensive two-tiered internal review process to ensure accuracy |
| Prompt turnaround on modifications/corrections prior to filing |
| Experienced Health & Welfare team to answer technical questions |
| Preparation of Form 5500 and Schedule A’s |
| Prepare Amended 5500 filings |
| Summary Annual Report included |
| DOL Filing acknowledgment provided immediately |
| E-file on behalf of Employer |
| Automatic Extension (Form 5558) filed on behalf of engaged clients |
| Delinquent Filing review and assessment |
| Full-service Delinquent Filer Voluntary Compliance Program (DFVCP) submission |
Premium-Only Plan (POP) Document |
|---|
| Consultative interview for plan preparation |
| Alignment with Wrap Plan documents prepared with ERISAPros consultative or online solution |
| POP Plan document |
| POP Summary Program Description |
| Ancillary premium conversion form available (brand customizable) |
| Flexible plan options available, including HSA and opt-in/opt-out features |