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DOL 2023 Penalty Fees

Like clockwork, by January 15th of every year, the Department of Labor releases the annual penalty fees, typically increased to match inflation. Wrangle’s mission is to help you and your client navigate through ERISA compliance to avoid ever reaching these penalties. Here are 2023’s annual penalty fees:

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Wrangle Blog

Wrangle Presents a Free Webinar: Demystifying ERISA Plan Documents and Nondiscrimination Testing 2.0…New Information for 2023

Many Plan Sponsors fail to meet the basic ERISA compliance requirements for Plan Documents and SPDs as well as Nondiscrimination testing. Our goal for 2023 is to build you a foundation in these areas providing you with a sense of certainty....

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Wrangle Blog

Key Notes and Reminders for 2023

When the New Year rings in, there may be a jolt of anxiety as you wonder what needs to be on your radar. To ease your stress, here is a list of what Wrangle monitors for you, key notes to consider, and our upcoming webinar. We will of course...

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2022 and 2023’s Natural Disasters and Resulting Extensions to Date

Federally declared natural disasters provide special extensions to Form 5500s. Typically, within a week or two of a federally declared natural disaster, the IRS will mandate the special extension and communicate it via press release. The amount of time allotted varies. All key details

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Wrangle Blog

Severance Plans and Form 5500s

Companies in the technology industry such as Twitter and Meta (Facebook) have announced major layoffs and are offering severance packages. This raises the question for many - are severance benefits under ERISA reporting and therefore do they potentially have a Form 5500 requirement? The answer all depends on how...

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Wrangle Blog

Wellness Benefits

We have received many inquiries on whether or not Wellness is to be listed in a Plan Document and the Form 5500. There is no blanket response unfortunately since each Wellness plan has unique attributes. As a result, listed below are guidelines to consider. However, the best practice is...

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What’s New with Wrangle’s Wrap Plan Document and SPD

With the announcement of Wrangle moving to the ERISA Plan Documents from our parent company, Ascensus, the question on everyone’s mind is, “What does the new Plan Document offer?” There are two areas that we will highlight in this blog: the Plan Document layout of the material and the...

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Wrangle Blog

Q&A from Wrangle’s National Webinar Demystifying ERISA Wrap Plan Documents & Introducing Wrangle’s New Online Approach for Plan Documents and SPDs

On September 7th, we presented to our broker partners and clients the basics and fundamentals of Wrap Plan Documents and Summary Plan Descriptions (SPDs). In addition, we provided a high-level demo on our new ERISA Desk Platform, an online tool to initiate the preparation of the Wrap Plan Document...

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Wrangle Blog

Help for Open Enrollment Season

There are two areas during open enrollment season where we can assist: Creating one document to serve dual needs. This can easily be accomplished, and we will show you how Providing you with the steps to electronically distribute materials via email or website posting as permitted by the ERISA...

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