• ERISA/Form 5500 Filing

The Employee Retirement & Income Security Act of 1974 (ERISA) is a federal law that was enacted to protect the benefit rights of participants and beneficiaries of employee benefit plans. Keller assists our clients with the reporting and disclosure requirements for welfare plans, including group medical, dental, vision, life and disability coverage.

As plan sponsors, employers must disclose detailed information to participants through plan materials, including Summary Plan Descriptions and Summary Annual Reports. In addition, employers/plan sponsors are required to submit an annual Form 5500 to the Department of Labor (DOL). Certain plans may be exempt from the Form 5500 requirement based upon size or funding arrangement.

As your health and welfare benefits broker, Keller prepares Form 5500 reports and publishes them to a secure website for client review and electronic filing transmission. Keller also reviews plan documents for ERISA compliance.