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Getting Started with ERISAfire: Plan Docs
Getting Started with ERISAfire: Plan Docs

Four service tiers for exactly what you need. Engage Tiers 1 and 2 online; send a few documents to jump-start ERISAfire's compliance review.

ERISAfire Admin avatar
Written by ERISAfire Admin
Updated over a week ago

Our merry band of ERISA geeks is ready to assist you with a formal ERISA plan document. We know plan docs are a chore, so we hope to make this as easy as possible for you, while still ensuring it's done right.

Four Plan Document Service Tiers to Meet Your Needs

* Wrap+ has no employer size restriction; however, the tool was designed for employers 2-500

** Complex benefit structures: MEWAs, mirror-image ERISA plan structures, retiree coverage and employers not subject to ERISA

Attorney-Drafted Tier 1, Tier 2 and Tier 3 Plan Documents

You'll find our proactive approach to be more thorough than other firms, and we hope you'll see the difference it makes. While preparing your plan document, we conduct an issue-spotting compliance review and create a customized compliance calendar with proactive email alerts. We also offer recommendations for addressing any identified issues.

All you have to do is provide a few key pieces of information. No extra work on your part; that's why you pay us.

Wrap+β„  Plan Document Software

Wrap+β„  is a self-service software tool designed for straightforward ERISA plan documents, yet it is sophisticated enough to manage the diverse risks of most small and mid-market employers. An easy-to-understand interview guides the user through the process, making the creation of plan documents a breeze. But don't mistake the tool's ease for the plan document's simplicity. Wrap+β„  uses plan language that has been curated over many years by veteran ERISA attorneys who have proverbially seen it all, so you'll have confidence that the work product not only groups benefits together and meets the minimum requirements of ERISA, but it also manages risk.

Engaging ERISAfire for Plan Documents

Wrap+β„  Plan Document Software

Contact ERISAfire's sales team if you are interested in a Wrap+ license. Reach out via the in-app messenger (the friendly blue guy in the lower right-hand corner) here or on ERISAfire Projects.

Attorney-Drafted Tier 1, Tier 2 and Tier 3 Plan Documents

Tier 1

For employers with 2-500 employees (and either do not have FSA benefits or whose TPA is providing FSA plan documents), use our Tier 1 online engagement form:

Tier 2

For employers with 501+ employees (or smaller employers also needing FSA plan documents), use our Tier 2 online engagement form:

Tier 3

For more complex plan documents like MEWAs, mirror-image ERISA plan structures, retiree coverage and non-ERISA plans, contact ERISAfire's sales team to get a quote. Reach out via the in-app messenger (the friendly blue guy in the lower right-hand corner) here or on ERISAfire Projects.

Jump-Start ERISAfire's Compliance Review

If you'd like to reduce cycle times, we will be asking for the following, which you are welcome to send up front.

Tier 1

For companies with 2-500 employees:

  1. Identifying Information: EIN, company headquarters' address and phone number

  2. Employer Coverage Lines: Current and previous plan year coverages and benefits. Why 2 years? You'd be surprised what year-over-year trends can tell us.

  3. Open Enrollment Guides: Current and previous plan year open enrollment guides

  4. Plan Documentation: Does the company have a formal ERISA plan document (aka wrap doc)? If so, please share it with us. If not, please confirm there is not one.

  5. Billing Information: Billing contact name, email and phone number. Don't worry, we bill at the end of the project, not the beginning.

Tier 2, Tier 3 and Employer-Clients with Retainers

For retainer clients and companies with 501+ employees:

  • All information requested above

  • Summary Plan Descriptions (SPDs): Does the company have any self-insured benefits? If so, please provide the SPDs or booklets for any self-insured benefits.

  • Benefits Contracts: For each insured benefit, please provide the policy contract and certificate of coverage.

  • FSA/DCAP/HSA/HRA: Does the company offer a Healthcare FSA, Dependent Care FSA, Health Savings Account or Health Reimbursement Account? If so, please provide the TPA implementation documentation that shows administrative elections.

Questions?

If you have any questions, feel free to reach out via the in-app messenger (friendly blue guy in the lower right-hand corner) here or on ERISAfire Projects.

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