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Demystifying Red Flags Found with Wrap Plan Documents, Form 5500s and NDT

Demystifying Red Flags Found with Wrap Plan Documents, Form 5500s and NDT Q&A Session - Questions Focused on the Plan Documents Question Answer 1 If a group offers certain benefits like telehealth and EAP to Volunteers, not employees, how are...

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Wrangle Blog

2025 First Quarter Reminders

Many brokers have provided a similar sentiment to us: there is not a busy season, but rather the whole year is at a crazed and busy pace to handle all that is required. To help you stay on track, here are key reminders under the ERISA Reporting and Disclosure for...

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Wrangle Blog

Q&A from Wrangle’s Latest Webinar: Know the Tips & Tricks in Using Ascensus Wrangle Team’s 5500 Dashboard

Q&A Session Our webinar was packed with information on the 5500 Dashboard. We are pleased to provide to you the questions collected during the presentation and the corresponding answers. If you need further clarification or additional support, please contact Elaine Harvey at eharvey@wrangle5500.com

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Register for Demystifying the Red Flags Found with Plan Documents, Form 5500s & NDT

The start of the new year is the perfect time to ensure new clients' ERISA compliance while also focusing on prospecting for additional business. What red flags should you be watching for in Plan Documents, 5500s, and NDT? Identifying potential issues early can prevent them from becoming major challenges....

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Wrangle Blog

DOL’s Civil Penalties/Monetary Penalties

  2024 Maximum Penalty   2025 Maximum Penalty  Failure or refusal to file Form 5500 $2,670 per day $2,739 per day* Failure to furnish employee benefit plan documents to the DOL during an audit (including plan and trust documents, SPD, SMM, collective bargaining agreement) $190 per day

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2025 New Enhancements for the Dashboard and Plan Documents

Wrangle has developed new enhancements to our processes and our online 5500 Dashboard. In addition, Ascensus’ ERISA attorneys have notified us of ERISA-level changes that impact our Plan Documents. As we ring in the new year we wanted to bring this information to you. We feel very strongly that...

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MEWA and Collective Bargaining Unique Benefit Codes

Multiple Employer Welfare Arrangements (MEWAs) and Collective Bargaining Arrangements tend not to be on many radars. Nevertheless, there is the likelihood that you will run into one if not both types of attributes for your groups’ 5500 at some point. As a result, we wanted to ensure you were...

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Key Year-End Notes for Wrap Plan Document Drafts and 2021 Form 5500s

Do you have a draft of a Wrap Plan Document for 2024 or an Amended DFVC filing for Form 2021? If yes, please read the following notes. Wrap Plan Documents If you need a Wrap Plan Document for a January 1, 2024 Plan year, the Wrap needs to be prepared and...

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Wrangle Blog

2025’s 1st Quarter’s ERISA Reporting and Disclosure Deadlines

2025 is peering around the corner. As a result, we wanted you to be aware of the 1st Quarter’s ERISA Reporting and Disclosure deadlines. Please note that this listing is not all-inclusive. Each Plan Sponsor’s unique attributes could require other disclosures or due dates.

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