Form 5500 Archives - Employee Benefits I AP Benefit Advisors

2019 2nd Quarter Compliance Update

Topics include: Expanded HRA Options Form 5500 is Due by July 31 President Trump’s Latest Executive Order HDHP/HSA Limits Increase for 2020 New EEOC Wellness Rules Expected by December ACA Limits, Penalties and Fees And more! Read Now For more information, contact info@apbenefitadvisors.com. The information contained in this post, and any attachments, is not intended […]

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Reminder: PCORI Fees Last Installment Due this July*

***When the President signed the 2020 spending legislation (the 2020 Further Consolidate Appropriations Act), that repealed the ACA’s Cadillac Tax, the 2.3% excise tax on medial devices, the HIT (Health Insurance Tax). But, it also extended PCORI/CERF for another decade—now expected to sunset 2029. However, as of June 1, 2020, the IRS has yet to […]

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PCORI Fees Last Installment

Applies to: Self-Insured Health Plans, including HRAs & FSAs Employers who sponsor self-insured health plans must pay their annual Patient-Centered Outcomes Research Institute (PCORI) fees by July 31st! PCORI fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). The applicable PCORI fee you pay each July is based on […]

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PCORI Fees are Due Soon

Applies to: Self-Insured Health Plans, including HRAs & FSAs Employers who sponsor self-insured health plans must pay their annual Patient-Centered Outcomes Research Institute (PCORI) fees by July 31st! PCORI fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). The applicable PCORI fee you pay this year, by July 31, […]

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Feds Propose Significant Changes to Form 5500

In today’s Federal Register the Departments released their Notice of Proposed Forms Revisions to the Form 5500 Annual Return/Report Series.  The Departments, for purposes of this notice are the DOL (Department of Labor), the IRS (Internal Revenue Service), and the PBGC (the Pension Benefit Guaranty Corporation).  This new guidance affects retirement plans, health plans, and […]

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The Burdens of Compliance

Due to the fact that health and welfare have become ever-present, employees now expect medical, dental, life, and other insurance when they are hired as part of their benefits package. Employers offer this coverage to attract and reward employees and to avoid penalties under the Affordable Care Act (ACA). There are burdens of compliance, which […]

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2015 Form 5500 Released (and longer extension was repealed)

The U.S. Department of Labor has released the 2015 Form 5500 and related instructions.  Modifications to Form 5500 as well as schedules and instructions for plan year 2015 are described under “Changes to Note” in the 2015 instructions. Examples of these changes include: IRS Electronic Filing Requirements. On September 29, 2014, the Treasury Department issued […]

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