Form 5500 Revisions Impact Both Small And Large Employers

The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit GuarantyCorporation (PBGC) recently proposed significant changes to the form 5500 which has implications for both large employers and small employers. Targeting an effective date of 2019 plan year filings, the recent DOL Factsheet explains that many changes are on the horizon […]

Administrative Errors Can Be Costly To Benefit Plans

A recent US District Court case out of Michigan places a spotlight on how important it is for employers to properly administer their benefit plans.  In the case of Van Loo v. Cajun Operating Company, a deceased employee had been incorrectly told she was enrolled on the employer’s voluntary supplemental life insurance plan.  The employee […]

Beware: Scammers Disguising As HIPAA Audits

As reported earlier this year, the Office of Civil Rights (OCR) within the U.S. Department of Health and Human Services (HHS) has increased their audit efforts and are targeting covered entities and business associates. As is often the case with many new government initiatives, it was suspected that hackers would attempt to disguise as an […]

Cost Of Life And Disability Insurance On The Rise

In 2016, we saw articles from several publications, including the Wall Street Journal and the New York Times, highlighting a trend we are seeing in the life insurance market of increasing premiums.  While it was the individual insurance market that often received national media headlines, similar increases are being felt in the employer sponsored group […]