COMPLIANCE & ACA

Through its enforcement of the Employee Retirement Income Security Act (ERISA), the Employee Benefits Security Administration (EBSA) is responsible for ensuring the integrity of the private employee benefit plan system in the United States. EBSA’s oversight authority extends to nearly 681,000 retirement plans, approximately 2.3 million health plans, and a similar number of other welfare benefit plans, such as those providing life or disability insurance. These plans cover 143 million workers and their dependents. In the fiscal year 2016, EBSA recovered $ 777.5 million.

APEX COMPLIANCE SERVICES

Apex Compliance Services is a resource group of internal employee benefits and regulatory experts and partnerships with prominent attorneys, accounting firms and administrators.

Apex compliance solutions, for health and welfare plans, offer the market the most flexibility, expertise and effective support without a retainer and within our core service model.

Apex continually monitors legislative developments and provides prompt—and understandable—updates to clients. We work with our clients to substantially reduce compliance issues that could result in fines and penalties if left unchecked.

Apex provides strategic guidance, time saving desk top tools, regulatory alerts with context, guidebooks, tool kits as well as vendor vetting for your administrative and compliance needs.

Apex Compliance Assessment

Apex will evaluate your current compliance situation and provide a report on these areas:
> ACA, 4980H(a)(b)
> Employee classification
> Reporting and Fees
> Plan design
> Section 125, 105(H)
> Plan non-discrimination
> ERISA plan documents
> Notices and disclosures
> COBRA administration
> 5500 filing
> HIPAA
> Wellness plan
> On-site clinic

Apex will design a plan with you to correct any gaps in compliance.

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