Posted by Brandi Bowers on November 14, 2018 in Newsletters
Dear Valued Clients and Associates, As we lead up to Thanksgiving and the Holiday Season we would like to express our gratitude to our clients, prospects and colleagues for their continued support. Would you like a simpler way to manage benefits at open enrollment and throughout the year without added expense? Give your employees the opportunity to review and enroll in their benefits online! Whether you are a current client or a prospective one, give me a call or email to find out how we can help. Don’t forget, we are offering 3 free hours of HR Consulting/ DOL Audit for all NEW clients joining PF Compass (new plan, renewal or off renewal BOR) from 10/1/18-1/31/19. To receive this offer you must reply to this email or call me at 732-258-1032 Here is your November 2018 Newsletter with a combination of HR and Health related news. I hope you...
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Posted by Brandi Bowers on October 1, 2018 in Newsletters
Dear Valued Clients and Associates, Back to School is finally here so how about a little math problem for you all…. Did you know the average group health insurance broker commission is around 4% of your annual premium? That means, on a $500k plan, the broker receives around $20,000 in commission. What is your broker doing to earn their commission? PF Compass offers free claims adjudication for you and your employees. We also provide free COBRA and HRA administration. Looking for Bene Admin technology? We provide it for FREE, along with HR tools. Let us earn your loyalty, give me a call today! Don’t forget, we are offering 3 free hours of HR Consulting/ DOL Audit for all NEW clients joining PF Compass (new plan, renewal or off renewal BOR) from 10/1/18-1/31/19. To receive this offer you must click the Contact Us Now button at the bottom of this...
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Posted by Brandi Bowers on September 1, 2018 in Newsletters
Dear Valued Clients and Associates, With Labor Day behind us, we hope you had a wonderful, fun filled summer. We are excited and happy to announce the addition of Maggie Johnson, SPHR, SHRM-SCP as our preferred HR Consultant. Maggie brings more than 30 years of HR experience. To learn more about Maggie, you can view her profile here. In celebration of Maggie joining our team we would like to offer 3 free hours of HR Consulting/ DOL Audit for all NEW clients joining PF Compass(new plan, renewal or off renewal BOR) from 10/1/18-1/31/19. To receive this offer you must reply to this email or call 732-258-1032. Here is your September 2018 Newsletter with a combination of HR and Health related news. I hope you enjoy! 2018 ACA Reporting Draft Forms Now Available The IRS released draft 2018 forms for Affordable Care Act (ACA) reporting under Internal Revenue...
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Posted by Brandi Bowers on August 1, 2018 in Newsletters
Dear Valued Clients and Associates, I hope you have been enjoying the warm Summer months and have had the opportunity to take a little bit of time to relax and recharge. Don’t have enough time to get everything done and take time to relax? Let us help – PF Compass offers our clients free benefits administration technology and HR tools to help increase compliance, minimize employer workload and improve your bottom line. Here is your August 2018 Newsletter with a combination of HR and Health related news. I hope you enjoy! Summary Annual Reports Due Sept. 30 Health plans with 100 or more plan participants at the beginning of a plan year are generally required to furnish a Summary Annual Report (SAR) to each health plan participant within 9 months after the end of a plan year. As a result, the deadline for most calendar year plans...
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Posted by Brandi Bowers on July 1, 2018 in Newsletters
Dear Valued Clients and Associates, We hope you have a relaxing and enjoyable 242nd Independence Day! It looks like it’s going to be a hot one so don’t forget to hydrate! July comes with some important deadlines your organization may be subject to – read below and let us know if you have any questions or need help navigating. Here is your July 2018 Newsletter with a combination of HR and Health related news. Enjoy! Form 5500 Filing Deadline for Many Health Plans is July 31 Group health plan administrators are reminded that Form 5500 must be filed with the U.S. Department of Labor (DOL) by the last day of the seventh month after the plan year ends. For calendar-year plans, that due date falls on July 31. Who must file form 5500? In general, all group health plans covered by the Employee Retirement Income Security Act...
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Posted by Brandi Bowers on June 1, 2018 in Newsletters
Dear Valued Clients and Associates, The weather is warming up and summer is just around the corner! Employers have been receiving various types of IRS Letter 227; We are helping clients decipher their Affordable Care Act notices. Here is your June 2018 Newsletter with a combination of HR and Health related news. Enjoy! 2019 HSA and HDHP Limits Released The Internal Revenue Service (IRS) has announced the 2019 inflation-adjusted amounts for Health Savings Accounts (HSAs) and high deductible health plans (HDHPs). 2019 HDHP Amounts For calendar year 2019, the annual limit on HSA contributions for an individual with self-only coverage under an HDHP will be $3,500, up from $3,450 for 2018. The annual limit on HSA contributions for an individual with family coverage under an HDHP will be $7,000, up from $6,900 for 2018. 2019 HDHP Ammounts For calendar year 2019, an HDHP will be defined as...
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