Much like collecting and taking out the garbage, it’s a menial task that employers and their brokers complete simply because ERISA mandates it, and costly fines are involved if the Department of Labor notices these aren’t being done.
While preparing plan documents and 5500s, we extract valuable information to create a sophisticated compliance calendar hyper-customized for each employer. Say goodbye to generic, irrelevant information the client must sort through. Hello helpful, specific, actionable guidance.
We streamline processes, automate transactional tasks, leave complex analysis to experienced humans and upcycle your data into hyper-customized compliance calendars.
All ERISAfire compliance services are integrated into the same software platform so each additional compliance project is easier to do, more precisely tailored and—most importantly—you have greater assurance that it’s done right. For you, our innovation means:
All of which allow you to focus more on your core business.
The job gets done, and compliance trash gets taken out, but only after too many rounds of back-and-forth with the vendor and client. Then if a Schedule A is overlooked or another typical mistake happens, it kicks off more back-and-forth with the vendor and yet another round with the client or insurance company.
ERISAfire automates the transactional components—like fetching Schedules A—and integrates data from 5500s, agency management systems and other compliance projects, so we have a more complete picture to analyze. This eliminates mistakes and extraneous rounds of communication, which saves you time and proves to your clients the value you add to their benefits programs.
We’re so confident in our work product that each plan document and 5500 comes with a legal opinion containing a million-dollar warranty and audit defense guaranty from an experienced ERISA law firm.
Compliance is expertise. David is an ERISA attorney who has been advising brokers, small business owners and multinational employers alike for more than 10 years with experience in both private practice and as in-house counsel. In short, he’s seen it all.
Compliance is process management. Gerard started his professional journey by enlisting in the U.S. Army Infantry Division where checklists, standardization and efficiency are the staples of decision-making. Since then, Gerard has spent more than 17 years identifying creative solutions to siloed organizations to reduce unnecessary layers of processes.
Compliance is communication. Kindra is a communications professional with experience in magazine journalism, technical writing and business communications—including annual integrated, financial and sustainability reporting. She believes that conveying compliance is more than mandated disclosures; it’s an art.