MBPA Provides ERISA Compliant SPD’s for Members

The Employer Retirement Income Security Act (ERISA) guidelines make it mandatory for all businesses with 2 or more employees to provide employees with a Summary Plan Description (SPD). The MBPA continues to take a leading role in informing and helping our members meet their obligations under ERISA by providing SPD’s at no charge for all members of MBPA/MFBA. 

• Types of benefits covered by Summary Plan Descriptions include: Medical, Long Term Disability, Short Term Disability, Life/AD&D and freestanding Dental/Vision.
• The MPBA Welfare Benefit Plan Basic Summary Plan Description and Legal Wrap Plan Document is compliant with all applicable laws, including health care reform to date – including all Department of Labor (DOL) requirements.
• This document can be used by groups of all sizes, including large groups and self-funded groups.   
• This document is intended to be a “wrap” plan document and SPD that would work in conjunction with the underlying benefits policies/certificates for insured benefits and with underlying benefit summaries and/or administrative service agreements in the self-insured context.  
• MPBA provides this document as a service to its members who are always encouraged to work with their legal counsel to ensure that the documents are properly completed and tailored to fit the needs of each individual member organization.

NOW, Two Easy Ways to Get Your Client’s SPD for Active Members:

1.    Let Us Do It For You:

Access an SPD adoption agreement from our Agent Pavilion

Complete it and e-mail it back to us IN WORD FORMAT at info@michbusiness.org, being sure to provide your complete contact information

We will complete and return the documents within two business days.

2.    Create Your Own On-Line (NEW):

Go to our Agent Pavilion and click on Summary Plan Description on the main menu.

Follow the instructions to create your client’s plan…..you can save it in your client’s ‘library’ for their/your future use.

Remember:  MBPA provides SPDs for FREE to members and $125.00 for non-members.

We look forward to continuing to provide you and your clients with the most up to date and easily accessible services in this important area. If you have questions or are in need of assistance, please contact our Member Services Team at 1-888-277-6464 or 1-586-393-8800.