Compliance

complienceWith rapid changes in federal and state benefits regulations, meeting compliance requirements has become a burdensome task for employers.

MBL dedicates significant resources to ensure compliance programs and processes are integrated into the strategic solutions we put together for our client.

COBRA

COBRA (Consolidated Omnibus Reconciliation Act)

Should you need it, we are positioned to provide you with the best of COBRA administration. With an electronic reporting system, we can guarantee your compliance, reduce your workload, and provide web access to your participants’ information. ERISA assigns fiduciary liability to the Plan Administrator. You are the Plan Administrator un Read more...

ERISA Reporting and Disclosure

It is important that your group welfare benefit plans comply with ERISA regulations or your company may be subject to penalties. Our partner firms can help you eliminate the burden of this filing process by:
  • Providing a client specific filing schedule
  • Manage the Form 5500 filing
  • Gather Schedule A and C data from insurance companies
  • Prepare Summary Annua Read more...

Form 5500

The Health & Welfare 5500

The annual Form 5500 filing requirement is subject to ERISAs most significant statutory penalties. Eliminate the burden on your staff of the Health & Welfare 5500 filing process. Our partner firm will manage the Form 5500 process from start to finish for your company. They will manage timing and deadlines, gather all the necessary data, answer technic Read more...

ERISA

ERISA (Employee Retirement Income Security Income Act)

As more employees enroll in your retirement plan due to the adoption or automatic enrollment programs, more and more participants will turn to your for guidance. Reduce your administrative tasks, fiduciary liability and plan management expenses by working with our ERISA experts. An ERISA Third Party Administrator will advise you, Read more...

HIPAA Compliance

HIPAA Compliance (Health Insurance Portability & Accountability Act)

HIPAA, enacted in 1996, aims to promote the privacy of individuals and the transferability of health insurance during job changes. It also seeks to simplify the administration of health care. At MBL, we recognize the importance of maintaining the highest standards of HIPAA compliance. We are also aware of the com Read more...