Wrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
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...
Read MoreWrangle Blog
Plan Document Project Intake Guide
While Wrap Plan Documents and SPDs are required to meet ERISA compliance mandates for Plan Sponsors, many still go without them. This is partially due to staring at a blank slate, wondering what information could be needed. To give a basic...
Read More