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Avoid Compliance Mistakes During Open Enrollment
December 20, 2023
Open enrollment is one of the busiest times of year for employee benefits professionals. It’s a stressful season that typically results in questions and complaints and comes with a high potential for both employer and employee mistakes.
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From the Compliance Officer: Plan Document Amendment Survey
August 31, 2020
The year 2020 has thrown us all more than a few curve balls and surprises. The health benefits industry has not been immune, with many COVID-related legislative changes passed over the last five months impacting benefits. Some changes to benefit plans are now mandatory, while others are optional. To maintain plan compliance, Chard Snyder will conduct a survey of our Savings & Spending account clients to clarify what benefit plan revisions are mandatory and collect client preferences regarding optional changes.
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Wrap Documents: What You Need to Know
November 25, 2019
Large employers may have the resources to prepare custom plan documents and Summary Plan Descriptions (SPD) for each employee benefit plan they offer. Most smaller employers, however, lack the time, money and expertise to prepare these documents and keep them up-to-date. One simple and cost-effective solution is the wrap document.