Blame it on the ACA…
In 2013, the Department of Labor hired over 1,000 auditors to collect $1.1 Billion in ERISA penalties for employers that are non-compliant with this federal law, which applies to all employee benefit programs.
It is estimated that 95% of all employers are not fully compliant with ERISA or new provisions of the Affordable Care Act which will leave many businesses vulnerable to fines.
Fines could range from $100-$1100 per person per day along with the legal fees that would come with an ERISA audit. To help reduce this risk we are providing education and resources to help employers understand and decide how to handle these responsibilities.
In anticipation of this demand, we are informing you of four upcoming informational webinars on this subject.
You may attend at no cost in the comfort of your own office. Each will last approximately one hour, with 10 minutes for questions. Times shown in Arizona time.
Topic: ERISA Compliance and Surviving an Audit
Monday ‐ August 4, 2014 8:00 am
Monday ‐ August 18, 2014 11:00 am
Monday ‐ September 8, 2014 8:00 am
Monday ‐ September 22, 2014 11:00 am
Reserve your webinar seat now!
These webinars are complimentary, and offered as a value-added service to the employers we serve. They are conducted by one of our preferred administrative services companies, TASC. However, should you choose to outsource your ERISA compliance responsibilities, we always compare multiple companies to find the right fit for you.
Thank you for taking time out of your busy schedules for this important webinar. Please don’t hesitate to contact our office with any questions or concerns.
Ben Rosky, RHU
L & A Services, Inc