Keep your business compliant with federal and state requirements
Compliance documents for your business such as Section 125 plans, ERISA Wrap SPD, and more.
Stay up-to-date with your compliance responsibilities
Federal and state guidelines require businesses to obtain and store certain documents. Many businesses often overlook their responsibilities or assume benefit carriers will gather all the necessary documents on their behalf. Well, often times this is not the case, and when businesses do not have the proper documents in place, their subject to fines levied by the IRS and DOL.
Paper Trails will work to obtain the proper compliance documents for your business. Examples of document requirements include Section 125 Plans, ERISA Wrap SPDs, HSA and FSA documentation and more. Our goal is to ensure compliance for your business, improving your bottom line and reducing your administrative burden.
What Documents We Can Obtain
Section 125 Plan
IRS Section 125 Premium Only Plans allow employers to reduce payroll taxes by allowing employees to pay their portion of health insurance premiums on a pre-tax or tax-free basis rather than on an after-tax basis. If you take your employee benefit contributions on a pre-tax basis, you must have a Section 125 Plan in place.
Clients - $149
Non-clients - $249
ERISA Wrap Summary Plan Description
The ERISA Wrap Summary Plan Description (SPD) requirement has been around for years. It is the document for communicating plan rights and obligations to participants and beneficiaries of employer-sponsored group health insurance plans. An employer must prepare an ERISA Wrap SPD plan document to supplement the Certificate of Insurance (benefit booklet). Together, these documents comprise a proper Wrap SPD.
Clients - $149
Non-clients - $249
Section 127 Plan
An Education Assistance Plan under Section 127 is a straight-forward employee benefit that pays tuition and related expenses for employees. This is a great employee retention tool for employers to help attract and retain top talent.
Clients - $149
Non-clients - $249
Section 132 Plan
Internal Revenue Code Section 132 and the Transportation Equity Act for the 21st Century (TEA-21) allows employers to offer employees the opportunity to set aside a portion of their salary to pay for certain transportation expenses.
The employee will not be taxed on amounts set aside and used for qualified expenses (that is, pre-tax dollars are used to pay the commuting expenses).
Clients - $149
Non-clients - $249
HRA Plan Document
The IRS requires employers who want to set up a Health Reimbursement Arrangement (HRA) to establish a written HRA Plan Document. An HRA is an employer sponsored limited self-funded group health plan.
Clients - $149
Non-clients - $249
Health FSA Plan Document
The Health Flexible Spending Arrangement (FSA) allows employees to use pre-tax dollars to pay for out-of-pocket medical, dental, and vision care expenses not covered by other insurance.
Clients - $149
Non-clients - $249
Dependent Care FSA Document
Section 129 of the Code allows employers with at least 1 full-time employee to establish a special tax-free savings accounts called a Dependent Care Assistance Plan (DCAP). The DCAP is a Flexible Spending Account (FSA) that employees use to set aside funds for dependent care expenses. It is funded
by either the employee or employer on a pre-tax basis.
Clients - $149
Non-clients - $249
QSE-HRA Plan Document
The Qualified Small Employer Health Reimbursement Arrangement (QSE-HRA) is a new HRA exemption designed by law for employers already exempt from the Affordable Care Act (ACA) mandate.
Clients - $249
Non-clients - $349
Get your compliance documents today!
Store these documents in case of audit.
Access one or as many Paper Trails services as you like
Easy-to-use solutions with online access.
Straightforward, accessible HR support for businesses like yours.
Guidance and insights from local and dedicated HR professionals.
Real businesses. Real solutions.
Brian Cloutier, Greenscapes of Maine
German Lucarelli, The Lost Fire
Payroll Services
Expert and integrated payroll to improve the employee life-cycle.
Collect and manage employee time customized to your needs.
Reduce administrative burden, improve financial health, and boost employee satisfaction with an accessible and adaptable expense process.
Human Resources Solutions
Online open enrollment and benefits tracking integrated with payroll and your benefits providers.
License and certificate tracking, performance reviews, and a comprehensive HR answer center.
Attract and hire the best candidates to bolster your team.
You handle the work. We’ll handle the paperwork.
