Did you know that Form 5500 is a basic requirement under ERISA laws?

Do you know what a Form 5500 actually is, or ERISA for that matter?  No, well, you are certainly not alone. So let's take a moment to review.

According to the U.S. Department of Labor, ERISA, or the Employment Retirement Income Security Act of 1974, "is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry." ERISA laws were established to provide protection for the individuals who are covered by the plans.<...

Have you heard of Medcom’s very own Compliance Portal? If you have, then you already know that it’s a swiss army knife of compliance tools at your fingertips. If you haven’t heard of it, It’s called the Medcom Bridge, or just Bridge if you’re in a hurry. It's a tool built by Medcom for brokers, meant to make the entire process of becoming IRS compliant, and ensuring your client's compliance, that much easier.

How you ask? Well, to learn more about the Bridge,...

Medcom’s Health and Welfare Compliance Division was established in 2010 as an expansion of the compliance services we historically provided with our Fringe Benefit services.  The Compliance Division offers consultative services and streamlined solutions for a wide variety of health and welfare compliance needs. We provide a comprehensive approach to ERISA, PHSA, COBRA, HIPAA, and ACA compliance.

Comprehensive compliance audits, targeted reviews, consultative checklists, and help desk services

ERISA services including WRAP Plans, SPDs, and Form 5500 reporting

Cafeteria plan documentation, amendments, and nondiscrimination...