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The Wrangle Blog

Wrangle Blog

New DOL Rule Hits Plan Documents

If your client does not have their Plan Documents and SPDs in place and up to date, they are not just vulnerable to high penalties, such as $110 per day. If taken to court the employer could be brought to their knees. The reason is the Plan Documents and...

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Wrangle Blog

Form 5500’s Big Deadline is Coming

The Calendar year Form 5500s’s initial deadline, July 31st, is fast approaching. Are you ready? Here are six key notes to keep in mind to help meet the deadline as well as be mindful of what else surrounds July 31st: 1. The following carriers will issue Schedule As only to the...

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Wrangle Blog

5500 Data = Leverage

5500 Data = Leverage While searching for prospects, a standard practice is to attempt to determine where your competition stands. After all, to know their book of business, what their strategies are, and how much they are bringing in can give you leverage. Wrangle worked with miEdge.biz, [known as “the Edge,”...

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Wrangle Blog

What Brokers are Thinking

Wrangle’s COO Lynda Taylor attended the BenefitsPro Expo this past week. Although her main objective was to speak on a panel covering ERISA compliance, she took full advantage to listen intently to other sessions and to the various conversations held between brokers within the Exhibitor’s Hall. Here are Lynda’s Top...

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Wrangle Blog

What the Heck are MEWAs?

At a prospect meeting, the broker had a strong indication that the person sitting across the table would soon be a client. All signs pointed to the win. Then the prospect simply pointed out: "Our attorney during an internal audit noted that we are in fact a MEWA and never...

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Wrangle Blog

How to Report International Benefits

There is a question that tends to stop Wrangle and the DOL in its tracks. Is this question on MEWAs, Trusts or another complex type of reporting scenario? No. The question that raises doubt and the need for research is how International benefits are to be reported in the...

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Wrangle Blog

Funding and the Form 5500

An essential building block of an ERISA Plan is the funding method used to cover the benefits, and as a result funding takes center stage of the Form 5500 report. Considering brokers and clients alike are finding new and unique ways to fund an ERISA Plan, there are often...

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Wrangle Blog

Voluntary Benefits and the Form 5500

What is the number one question Wrangle receives multiple times each week? Hands down it is… Are voluntary benefits to be reported in the Form 5500 report? The answer no doubt will frustrate you…Maybe. Some Voluntary Benefits are to be reported and others are not. For example: ABC...

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Wrangle Blog

The DOL Is Up To Something

The DOL has released the 2017 Form 5500s. At first glance, it appears to be a very close replica to the 2016 Form 5500. However, there is a significant step that the DOL took with 2017’s Form 5500 that has far greater implications. If your Plan Name changed from 2016...

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