Many employers that must file Form 5500 on behalf of their employee benefit plans must also provide plan participants with a summary annual report (SAR). The SAR summarizes the information included in Form 5500. Employers with plans that operate on a calendar year basis must provide the SAR by September 30, 2025.
The IRS recently announced the ACA affordability threshold for 2026. Under the “pay-or-play” rules, employer-sponsored coverage is considered affordable if the employee’s self-only contribution doesn’t exceed 9.96% of household income.
The surge in specialty drugs has driven up pharmacy expenses for employer-sponsored health plans. Download this white paper to learn strategies for reducing spending, compliance and regulatory consequences of those strategies, and possible solutions.
Guidance from the Trump administration earlier this year confirmed that key portions of the 2024 mental health parity final rule will not be enforced, at least for now. As a result, employers are left navigating even more uncertainty around what’s required, what’s on hold, and how to move forward. If you missed our webinar on the topic, you can watch it here at your leisure to gain practical guidance on what employers should and shouldn’t be doing now.
The Zywave Client Portal gives Hylant clients access to a wide range of HR, benefits, and compliance resources and solutions to daily challenges. One such resource is the Employee Cost Calculator. Use this tool to uncover the full scope of costs associated with hiring new employees. From compensation and benefits to recruiting, training, office equipment, and other costs, this easy-to-use calculator accounts for those typical expenses you may not necessarily think about when hiring a new employee.
Log in here or contact your Hylant representative to set up an account.
