Compliance Solutions
Compliance solutions to help you protect your business from risks and penalties.
Do the right thing for your business.
You want to do the right thing for your employees – providing them with access to the best health benefits possible at a price you can afford. But make sure you do the right thing for your business as well. Decisely helps ensure compliance with IRS and Department of Labor rules, guiding you through requirements and making compliance easier.
Learn more about common complaince requirements and how Decisely can help:
ACA – Sections 6055 & 6056 Filings: Forms 1094/1095-B & -C
What is it? Sections 6056 and 6055 of the Affordable Care Act (ACA) require employers to report key information about their employees’ health coverage and help the IRS ensure that employers are fulfilling their ACA obligations. These reports enable employees to determine premium tax credit eligibility needed for their own filing.
How we can help: Our reporting services simplify the handling of IRS-mandated employer reporting on health coverage by ensuring ACA compliance without the burden of complex paperwork. We’ll work with you to take care of the entire process and offer assistance with both paper and electronic filing.
Premium Only Plan (POP)
What is it? A POP is a type of plan that allows employees to pay their health insurance premiums on a pre-tax basis, reducing their taxable income and helping them to save money on their taxes. The necessary POP document includes eligibility requirements, contributions, and plan change rules.
How we can help: We’re your partner for effortless POP document management. Our dedicated team will create a comprehensive POP document tailored to your business needs, ensuring compliance with IRS regulations.
Wrap Documents
What is it? A Wrap Document is a single, ERISA-compliant document that provides employees with a comprehensive summary of their benefits and ensures employer compliance. While not required by the IRS, it is mandated by the Department of Labor (DOL) for employers offering an employee benefit plan under ERISA law.
How we can help: We’ll take care of everything – creating and providing the Wrap Document you need. Avoid penalties and fines by maintaining a Wrap Document and having it readily available for audits and inquiries.
Form 5500 Filing
What is it? Certain employee benefit plans require Form 5500 to be filed with the U.S. Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) under the Employee Retirement Income Security Act of 1974 (ERISA). Form 5500’s purpose is to provide information about the financial condition, investments, and operations of the plan.
How we can help: With our expertise in 5500 filing, we’ll save you time and effort by providing customized solutions that streamline the process, assure you meet deadlines and help you stay in compliance with your specific filing requirements.
Workplace Harassment & Violence Training Programs
What is it? Workplace Harassment & Violence Training programs educate and raise awareness about creating a safe and inclusive work environment by addressing harassment, bullying, violence, and discrimination. Some states have specific requirements, but these programs are beneficial for everyone.
How we can help: In compliance with your states’ requirements, we offer customizable Workplace Harassment & Violence Training programs, including topics like active shooter survival, anti-bullying, and sexual harassment prevention. These programs are tailored to your industry, culture, and needs, ensuring relevance and impact, and they’re accessible online, so employees can complete the training at their own pace from any location.