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Employee Benefits Providers: What Employers Need to Know

Empuls

  These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs.

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Broker Compensation Disclosure Rule: New Legislation for Brokers

Total Employee Benefits

If your Health & Welfare Plan has over 100 employees enrolled in any single benefit, you are already required to file an IRS Form 5500 where both direct and indirect compensation is already disclosed. In this case, you already know how much and from whom your broker is being paid.