Wrap docs combine separate H&W lines of coverage into a single ERISA plan number, allowing the Plan Sponsor to file a single, unified Form 5500.  Without a Wrap doc, each H&W line of coverage with more than 100 participants would be required to file a separate Form 5500 annually.  This is especially important for non-medical lines of coverage such as Life, AD&D, and Disability.

Our wrap docs contain all items required under ERISA to qualify as an SPD, even if the underlying certificate of coverage issued by the carrier or TPA does not. This protects the Plan Sponsor by making available an ERISA-Compliant SPD that can be distributed to participants and beneficiaries.