SPDs at No Cost to Members
Protect yourself from Random DOL Audits! The
MBPA Provides Legally Compliant Summary Plan Descriptions (SPDs) At No Cost To Our 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.
The MBPA Welfare Benefit Plan Basic Summary Plan Description and Legal Wrap Plan Document is compliant with all applicable laws, including health care reform to date. 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. MBPA 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.
NO COST ACA EMPLOYER NOTIFICATION OF THE MARKETPLACE ARE ALSO STILL AVAILABLE AS AN ONGOING SERVICE TO OUR MEMBERS.
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.
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