Wrangle Blog
EBSA Raised the Civil Penalties
The last time the DOL’s EBSA raised the penalties listed in their Enforcement manual was in the 1990’s. In our conversations with the DOL, they have verbally confirmed that those penalties are being increased. Currently, the revised penalties are only being found in the penalty letters that the DOL...
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EAPs and Form 5500s
This year Wrangle has received an unprecedented number of questions on Employee Assistance Programs (EAPs). To help provide clarity and understanding, we have provided a list of these questions and answers for your reference: Is an EAP benefit ERISA reportable? Most of the time EAPs are ERISA reportable. Often...
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Q&A From Our February National Webinar
Demystifying the Details Needed to Set Up a Wrap Plan Document, H&W Form 5500 and NDTÂ Our Demystifying National Webinar in February brought an assortment of questions from our attendees. Below are the top five on the Plan Documents and SPDs as well as the top eight for...
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Timing Is Everything
When you work in employee benefits, one of the most challenging tasks is knowing when to complete each step to be able to check off a particular mandate on your to-do list. Taking a walk through the employee benefit world can be an endless maze if you don’t have...
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Looking at the Big Picture for Reporting and Disclosure
Looking at the Big Picture for Reporting and Disclosure There are so many avenues to cover for a broker. ERISA, ACA, Secure Act, etc. We want to provide assistance here with some of the mandates under ERISA: Reporting and Disclosure. The following illustration encompasses the main...
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Demystifying the Details Needed to Set Up a Wrap Plan Document, H&W Form 5500, and NDT
Click Here to Register Just as you are diligently working on a renewal report and strategic meeting presentations, your client asks you if they need to file a Form 5500, if their POP Plan Document is current,...
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DOL Penalty Fee Updates
DOL’s Civil Penalty/Monetary Penalty (tied to the Federal Civil Penalties Inflation Adjustment Act) 2023 Maximum Penalty  2024 Maximum Penalty Failure or refusal to file Form 5500 $2,586 per day $2,670 per day Failure to furnish employee benefit plan documents to the DOL during an...
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2024 Dashboard Enhancements
2024 Dashboard Enhancements We are now in our 6th year with the Dashboard, and just like Microsoft and Apple, we continuously evaluate where we can add enhancements to create a better and faster experience for you. Setting up a client’s Form 5500 is critical for their compliance needs,...
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2024’s Form 5500 Special Extensions Tracker (Due to Natural Disasters)
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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