Plan Documents

Features of Plan Documents:

• Most HRAs and Cafeteria Plans are employee welfare benefit plans, and, as such, are subject to ERISA unless an exemption applies, such as the exemption for governmental or church plans
• The plan administrator of an HRA or Cafeteria Plan must furnish plan documents and a Summary Plan Description to a participant on the plan

Advantages of a Choice Strategies Plan Document:

• Choice Strategies creates plan documents for plans we administer as part of our services
• Documents include:
  • Basic Plan Document
  • Summary Plan Description
  • Adoption Agreement
  • HIPAA Privacy Statement
• For plans we do not administer, plan documents can be created upon request for a fee
• Our Compliance Team ensures all required amendments are made as regulations change