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2020ā€™s Amendments to Plan Documents and SPDs

2020 will be known as a fast-moving avalanche of legislative change to employee benefits due to COVID-19. It is now required to record the changes and their impacts to the Plan Sponsorā€™s Wraparound Plan Documents and SPDs, and to communicate to the...

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Wrangle Blog

Reminder: Electronic Disclosure Rules and Open Enrollment Materials for SMMs

We are in the thick of Open Enrollment Season, which tends to be a time of year when various required notices are issued. With many working from home, the need for electronic distribution is critical. Here are some items to keep in...

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Wrangle Blog

Current Special Extension Details from Natural Disasters

After COVID-19, shelter-in-place orders, protests, loss of jobs, remote learning, etc., many are wondering, "What's next? Godzilla?!". For some, natural disasters have come instead. If the President declares a natural disaster, the IRS and DOL are able to issue special extensions for...

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Wrangle Blog

Demystifying Trust Form 5500s

When a new client comes on board with a Trust ERISA Plan, you may feel a wave of uncertainty and know just enough of what needs to be done to be dangerous. Do you have any of the following questions in your...

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Wrangle Blog

The 6 Most Over-Looked Details of a Form 5500 Report

There are definite steps that you can take to help keep the Form 5500 report processĀ moving forward.Ā Here are the six key areas that you donā€™t want to overlook. 1. Did the Plan Sponsor move to a new location or update its...

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Wrangle Blog

Employer-Relief Available for Certain Participant Disclosure Deadlines

By: Emily Marr ***Special Note: This Blog piece was updated on Oct. 8th to reflect the latest news on the Public Health Emergency. It was renewed on Oct. 2nd, with the effective date of October 23, 2020. COVID-19 deadline extensions arenā€™t just...

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Wrangle Blog

Wrangle News Briefs

Many have their running shoes on to be ready on the starting line of renewal season. This blog gives you the ā€œneed to knowā€ info to be able to quickly grab and run to your next task. Another Extension Option: With the IRS not...

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Wrangle Blog

The Effects of Downsizing or Bankruptcy on 5500s

COVID-19 has been a firestorm for the business world. Many have had to let go of employees, declare bankruptcy, or worse yet, shut their doors permanently. Unfortunately, this can have an impact on the Form 5500 as well. Each situation...

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Wrangle Blog

Weird But True

Form 5500s can bring unique situations to light. Here are some recent research projects that we conducted, along with their outcomes, for your learning experience. We also added questions that we receive on a regular basis to help you develop a more...

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