WRAP DOC STANDARD
We offer an efficient and cost-effective SPD and plan document creation process using standard document language appropriate for most employers and supplemented with customized eligibility rules and other details specific to each employer.
Process:
- Benefit Comply collects the information necessary to create the ERISA documents including benefit plan information such as carrier, renewal date, eligibility, etc
- Once all information is received, Benefit Comply engages in ERISA document creation
- Documents are delivered back to the employer along with guidance on distribution rules
Deliverables include:
- Wrap Document
- Summary Plan Description
- Distribution Guidelines
Price: $950*
Add Wrap Doc Protect at Point-of-purchase for only $250/year and receive:
- Annual Wrap Document check up
- Any nessecary modifications, and Summary of Material Modifications (SMM) for distribution to participants.
- Updates to documents throughout the year if there are changes to ERISA regulations
*Employer clients of our partner benefits brokers/advisors qualify for preferred pricing.