Compliance for Your Employee Benefit Plans: What Employers Need to Know

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Concurrent Session
Compliance for Your Employee Benefit Plans: What Employers Need to Know
03/13/2018 09:15 AM - 10:45 AM |
Location: Mount Vernon Square
1.50 SHRM PDCs
| Competencies: HR Expertise
| Intended Audience: Mid-Level
Workplace Application:
Learn the compliance obligations under the IRS, the Department of Labor, ERISA and the ACA related to employee benefit plans. 

Since health care reform was passed in 2010, ensuring compliance with ever-changing and complex employee benefit laws has become a challenge for many HR departments. Government agencies have begun auditing employee benefit plans to ensure that employers are meeting their compliance responsibilities. Employers have a legal obligation to comply with the Employee Retirement Income Security Act, the federal law governing employee benefits, and to provide certain information to plan participants. One hundred percent of the Employee Benefits Security Administration fines assessed in 2014 were related to insufficient documentation of required participant notices. In addition, the reporting and disclosure requirements under the Affordable Care Act (ACA) now require employers to track certain benefit information on employees, creating additional work for HR personnel. This session will help you to understand your obligations and why compliance is so important. In this session, you will:

  • Receive a thorough education on the plan document, summary plan description and other notice requirements for employee benefit plans.
  • Learn about the reporting requirements and other compliance obligations under the ACA and how these might change under the proposed repeal and replace bills.
  • Understand the potential liabilities involved with noncompliance and the increase in audits by the government of employee benefit plans.


Lauren Johnson Photo
Lauren Johnson, partner, McGregor & Associates, Inc.