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The Importance of Benchmarking Your Employee Benefits
Employee benefits are one of the largest expenses for many employers. However, many companies do not regularly benchmark the market or evaluate their broker relationship. Regular benchmarking helps employers determine whether their rates, plan designs, contributions, and overall benefits strategy remain competitive as their workforce and the market change. Below are some of the leading End excerpt
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Protect Your Business with a Legally Compliant Employee Handbook
Here are the top five reasons why companies may want to review and update their employee handbooks as we move through the second half of 2026: 1. Technology & AI 2. New Leave Laws 3. Anti-Discrimination & Harassment Policies 4. Updated Employee Benefits 5. Workplace Expectations A current employee handbook helps ensure consistent employment practices, End excerpt
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Deadlines for Form 5500 & PCORI Fees Approaching
Form 5500s for Calendar Year Plans are Due by July 31st The IRS, Department of Labor, and Pension Benefit Guaranty Corporation require Form 5500 filings for employee benefit plans with 100 or more participants to meet annual reporting obligations under ERISA and the Internal Revenue Code. Plan sponsors must file their Form 5500 by the End excerpt
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RxDC Filing Requirements
The Consolidated Appropriations Act, 2021 (CAA), requires all insurance carriers and employer-sponsored health plans to report detailed information on healthcare spending and prescription drug utilization. This submission, known as the RxDC report, is used by federal agencies to better understand what is driving healthcare costs. All group health plans are subject to this requirement, including End excerpt
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Credible Coverage & Medical Loss Ratio Rebate Updates
Group health plan sponsors must disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether their prescription drug coverage is at least as good as the Medicare Part D coverage (in other words, whether their prescription drug coverage is “creditable”). Disclosure to Medicare-eligible individuals End excerpt
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FTC Drops Non-Compete Ban – Vows Continued Enforcement
The Federal Trade Commission (FTC) has abandoned its defense of the rule proposed by the Biden Administration banning almost all employer-employee non-competes. As a result, the broad non-compete rule is dead. At the same time, the FTC’s Republican majority made clear that the FTC will prioritize aggressive case-by-case enforcement against unreasonable non-compete clauses. As FTC End excerpt
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VETS-4212 Report due by September 30th, 2025
Each year, covered federal contractors and subcontractors must submit the VETS-4212 report to the U.S. Department of Labor’s Veterans’ Employment and Training Service (VETS). The filing window runs from August 1st, 2025, through September 30th, 2025, meaning the deadline is quickly approaching. What is the VETS-4212 Report?The VETS-4212 is an annual report required under the Vietnam Era Veterans’ End excerpt
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What President Trump’s Big Beautiful Bill means for your 2026 benefits
With Q4 approaching, it is important to understand the implications that the One Big Beautiful Bill Act will have on your health insurance plans. Come 2026, many provisions will take effect that could significantly impact your group benefits strategy, compliance obligations, and employee communication plans. Below is a summary of the most important changes for End excerpt
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Maryland Clarifies Parental Leave Act
Maryland Clarifies Parental Leave Act Beginning October 1, 2025, Maryland employers who are covered by the federal Family and Medical Leave Act (FMLA) are no longer required to comply with Maryland’s unpaid parental leave law. Senate Bill 785 changes the definition of “employer” under the Maryland Parental Leave Act to exclude those employers already covered End excerpt
