As employers struggle to keep up with the regulatory changes impacting their group health plans, they expose themselves to significant risks of statutory penalties and legal fees. Benefits Document Creator allows employers to take control of their plan responsibilities and protect themselves from the risks of non-compliance by creating, maintaining, and storing benefits documentation they need to both educate their employees about plan offerings and respond to Department of Labor audits.
Compliance advisor support
Get the high quality human interaction you have come to expect from ThinkHR. Our dedicated support team is there when you need them.
Benefits Document Creator makes it easy to create fully compliant plan documents with an easy-to-use wizard and access to expert help through a dedicated support line staffed with benefits complianceadvisors.
Content is monitored, reviewed, and approved by attorneys at Marathas Barrow Weatherhead Lent, LLP, well-known ERISA compliance specialists. An intuitive interface makes it easy to customize documents to mirror your benefits offerings, and there is no limit to the number of documents you can create.
Dedicated benefits experts are standing by to take your questions and share their expertise to take the guesswork out of creating benefits compliance documents.
Language is updated when regulations change to keep Wrap, POP, and SPD documents up-to-date, accurate, and compliant.
Electronic acceptance expedites and simplifies administration, and centralized, secure, long-term storage retains ERISA plan documents in preparation of an unexpected audit.
2020 ERISA penalties
for failure to produce documentation have risen to $159 per day, up to $1,594 per request.