Wrangle Blog
Wrangleās SAR and SPD Distribution Quick Checklist
In the months of November and December, many of your clients will be issuing out various notices. For some, by December 15th, they will need to issue out the Summary Annual Report (SAR) for Plan Year 5500s that were under the October 16th extension. In addition, there are those...
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Amending the ERISA Plan Year
Amending the ERISA Plan year on a Form 5500 can appear as a simple step, but it can sometimes open Pandoraās box. Amending a Plan year often comes after discovering that the Wrap Plan Document does not match the Form...
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Did You Amend the Plan for 2024?
For many Plan Sponsors, the answer is yes. Wrangle has seen many plans being modified to include other ERISA reportable benefits such as wellness1, cancer, critical illness, hospital coverage, etc.; others are changing carriers, removing benefits, adding/subtracting participating employers to the...
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Demystifying ERISA Compliance Webinar Q&A
Hundreds attended our semi-annual national webinar: Demystifying ERISA Compliance on September 14th. In case you missed it, we have posted the questions and answers reviewed during the webinar below. If you have further questions, contact Ann McAdam at amcadam@wrangle5500.com. Questions on...
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Nondiscrimination Testing Services Now Available on the Wrangle Platform
The Q3 is geared toward rounding out renewal reports, preparing and initiating open enrollment, and is the ideal time for nondiscrimination testing (NDT) to be completed. If nondiscrimination testing holds more questions than answers for you, we hope that this blog...
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The DOL is Issuing Out $30,000 Penalty Letters
The Department of Labor has been actively auditing the filed 5500s filings to find missed reports, particularly around the 2021 Form 5500. Once they spot a potential missed filing, they are issuing out a āLetter of Inquiry Noticeā to the Plan Sponsor. These letters cannot be ignored with the...
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POP Plans: What Are They and Why Do They Need to Have a Separate Plan Document from the Wrap Plan Document?
A POP Plan for many is shrouded in mystery. To help bring clarity, we are outlining the key details below. What Are POP Plans? āPOP Plansā stands for Premium Only Plans or are also known as Premium Conversion Plans and are...
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An In-Depth Tutorial on Using the Wrangle Plan Doc/NDT Platform
An In-Depth Tutorial on Using the Wrangle Plan Doc/NDT Platform This is not just a tutorial on how to use the Platform but also on the terms, definitions, and instructions on what Plan Document and NDT...
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2023 Form 5500, Stop Loss, and Level Funding News
Wrangle met in person with the DOL in June at their EFAST2 Nashville conference to discuss the 2023 Form 5500 that will be released on January 1st. We also inquired on how the DOL would like to handle level funding and...
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