Compliance Frequently Ask Questions

Frequently Asked Questions

ERISA applies to every employer that offers an employee benefit plan.
Title I of ERISA applies to all private sector health plans to protect the interests of employees and their beneficiaries who are enrolled in the employer benefit plans
Yes, all employers are required to have employee handbooks.
No, ERISA SPD is required for all plans an employer offers.
Benchmark Planning group can run a pressure test on your current situation to identify areas of potential concern.
Yes, except for gross misconduct, an offer of extended coverage must be made.
COBRA generally applies to group health plans sponsored by employers with 20 or more employees in the prior year, state continuation is for groups under 20.
Under current Affordable Care Act guidelines, yes large employers must offer coverage or potentially pay a penalty.
If an employer had 50 or more full time equivalent employees in the preceding calendar year they are deemed a large employer under the ACA. Some states regulations increased small group up to 100, such as NY where a large employer is over 100 full time equivalent employees.
If an employer has 50 or more full-time equivalent (FTE) employees, the ACA requires that they offer affordable coverage, which meets minimum value standards, to at least 95% of their full-time employees. Employees that work at least 30 hours each week are defined as full-time under the ACA.
You must currently live in the United States, a US citizen or legal resident. You cannot be currently incarcerated. Your income can be no more than 400 percent of the federal poverty level.
Yes, the federal government takes compliance very seriously and there are a number of violations that a manager can be personally liable.
Yes, a POP plan. A Premium Only Plan (POP) is a salary reduction plan that allows employees to pay group insurance premiums on a pre-tax basis.
No. According to IRS guidelines, anyone with two-percent or more ownership in a schedule S corporation, LLC, LLP, PC, sole proprietorship, or partnership may not participate.


Customer Reviews


The Benchmark Team has been a great help with us at Lush Experiences. They carefully and expertly guided us through the process of signing up for our health insurance. Which can be a difficult and complicated process, but we couldn’t of had an easier time. Our options were presented to us clearly, and all of our many questions were answered. As a small business, it is so important to have partners like Benchmark.

Lush Experiences

I had the pleasure of working with the Benchmark Planning Group during our company’s recent health insurance renewal. We were apprehensive about switching brokers at first, but Benchmark completely won us over with their desire to address our company’s evolving insurance needs. The entire team at Benchmark Planning Group was very professional, courteous, knowledgeable, and thorough. They provided us with numerous policy options from various carriers, and patiently answered our questions as we moved closer to a final decision. It was a pleasure working with Benchmark Planning Group and we are already looking forward to our next renewal!

Suzanne's Specialties, INC

Our company has been working with Benchmark Planning Group for many years. The service they provide around benefits has been really valuable to us. The company's knowledge in the benefit industry has helped us to sustain costs over the past few years for our company and our employees. We have truly enjoy working with the Benchmark Planning Group team and would highly recommend them to any other company who is looking to get true professionals to handle their benefits experience.

VJ Associates

Gaming Capital Group’s experience working with Brian Cullen and Benchmark have been nothing but top notch! We have worked with Brian for over 12 years and he has always impressed me with his industry knowledge, dedication and professionalism. Brian has sought out and negotiated the best medical/dental/vision and ancillary plans for us each year and has done a wonderful job in communicating plan details to all of our employees. He and his team are available for questions or assistance at any time.

I can confidently recommend Brian’s expertise and professional work. If you’re working with Brian and Benchmark, you are in great hands!!

Gaming Capital Group, LLC


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