This session covered ERISA plan documentation requirements, essential content and distribution requirements for plan documents and summary plan descriptions (SPD) and the risks associated with non-compliance. Presenters explored how wrap documents can be utilized to incorporate missing ERISA content requirements and consolidate separate benefits into a single ERISA plan, simplifying your annual Form 5500 filings. Additionally, the session highlighted best practices for reviewing and updating plan documentation to ensure it reflects any changes.
Presented by:
- David Flotten, J.D., Senior Compliance Consultant, LumelightOne
- Briana Barnett, Compliance Advisor, LumelightOne