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The ERISA Wrap SPD Video from Core Documents

Our video explains the ERISA, DOL, and ACA requirement for an ERISA Wrap SPD that comes in addition to the standard IRS plan document for employer-sponsored benefit plans. Core Documents provides everything an employer needs to meet this rule in our $99 Core SPD package.

Our ERISA Wrap SPD Plan Document Video Explains It All

Core Documents’ Group Insurance Wrap SPD document is available for a $99 one-time fee and is only updated if your plan’s employee benefit options change. This low cost Wrap SPD document is available for fully insured group health insurance plans.

Here are the ERISA Wrap SPD document requirements, as succinctly as possible:

  • If you offer group health insurance you’re now required by ERISA law, enforced by the Department of Labor and now the Affordable Care Act, to distribute a Wrap SPD within 120 days of the Plan’s effective date.
  • Failure to provide the Wrap SPD within 30 days of request triggers a $110 a day fine per participant.
  • Not having a Wrap SPD can also trigger an audit by the Department of Labor.
  • The insurance company’s Master Contract, Certificate of Coverage, or Summary of Benefits is not a Wrap SPD.
  • This requirement applies to all employer sponsored group health insurance offerings, including a one-person plan.

wrap spd plan document

Avoid the Affordable Care Act $110 per Day per Employee Fine with a Wrap SPD for Your Group Health Plan

$99 one-time fee in PDF via email*

$149 one-time fee in PDF email* + Deluxe Binder via USPS

The Wrap SPD is the main ERISA, DOL and ACA-mandated vehicle for communicating plan rights and obligations to employee participants and beneficiaries. As the name suggests, it is a summary of the material provisions of the plan documents and it should be understandable to the average participant of the plan.


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No annual fee — Core Documents does not require an annual renewal fee to maintain your plan document package. A plan document only needs to be updated when there are changes in the plan or in the law that make it necessary. We will notify you when there are sufficient changes in the Code to require amending and restating your Plan and ask that you keep us informed when there is a change to your plan.  You can amend and update your plan document anytime, at a discounted fee and only when necessary, which is the most cost-effective way to maintain it.

Fast Service — Most orders placed by 3 PM are returned via email the same day, Monday through Friday. Weekend orders are sent out Monday morning. Plan document packages are processed in the order received. During our busiest months (December, January, and February), the rush order fee (see order form) marks your document to be processed immediately.

Refund Policy: Goods and services provided by Core Documents, Inc. are non-refundable upon receipt. Orders cancelled prior to shipping are subject to a fee to cover the cost of goods and services provided during the review, draft, and preparation of your order.

The Trusted Source of Affordable Benefit Plan Documents for over 20 Years.

Core Documents is the country’s leading provider of cost-effective, tax-saving benefit plan documents for Section 125 Cafeteria plans and Health Reimbursement Arrangements. The Trusted Source since 1997, thousands of satisfied agents and employer groups nationwide rely upon Core Documents for free plan design consulting services, plan document updates, ERISA Wrap SPDs, and administration services.

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