WRAP Summary Plan Description

ERISA Wrap Plan Document Package for Health Plans

Employers may offer benefits through various structures and combinations. For example, you could create (i) one plan providing major medical benefits, dental benefits, and vision benefits, (ii) two plans with one providing major medical benefits and the other providing self-insured dental and vision plan, (iii) three separate plans. To pull all these plans together, you can use a "wrap" document to incorporate the various benefits and insurance policies into one comprehensive plan.

Our ERISA Wrap Document Package can help you succeed in creating this one complete plan. Our nationally recognized health benefit consultant has created a document package, approved by an ERISA attorney, that provides you with compliant ERISA required information while incorporating other documents by reference. Therefore, you are able to have one summary plan description (SPD) that contains all the provisions required for compliance.

Our wrap document will join your Medical, Dental, Prescription Drug, Vision, Short Term Disability, Life Insurance, Cafeteria and HRA plans.

Our wrap document includes:

• Welfare Benefit Plan Standalone
• Adoption Agreement
• Summary Plan Description
• Sample Board Resolution

No Annual Maintenance Fees

Your cost will reflect a one-time charge. There is no annual upkeep charge for the ERISA Wrap Document Package. If due to law changes, regulations or other official pronouncements, amendments or supplements of the package are necessary, we will provide these with a cost reflecting the scope of the amendment or supplement.

For more information on this service, please contact Davevic Administrative Services at 800-854-4099.