PLAN DOC Builder by SRP Offers Automated Solution in Response to Increased DOL Auditing Efforts

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Web-based tool provides assistance with ERISA requirements regarding Summary Plan Descriptions (SPDs)

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In addition to being fully compliant with ERISA requirements, PLAN DOC Builder meets the requirements of the Patient Protection and Affordable Care Act (PPACA) and other laws...

PLAN DOC Builder™, a web-based tool created by Strategic Recovery Partnership (SRP) Inc., offers capabilities to help brokers, consultants, and third-party administrators (TPAs) of employee benefits programs maintain plan compliance in the face of increased Department of Labor (DOL) audit efforts. The DOL’s enforcement plan, initiated in 2011, includes the addition of hundreds of new auditing positions and a focus on health and welfare plans of all sizes covered under the Employee Retirement Income Security Act (ERISA).

PLAN DOC Builder is an all-in-one solution that provides an easier and affordable way to generate Wrap Plan Documents and ERISA-required Summary Plan Descriptions (SPDs)—on demand. It offers a viable alternative to custom-built templates, outdated software, or expensive outsourcing.

“In addition to being fully compliant with ERISA requirements, PLAN DOC Builder meets the requirements of the Patient Protection and Affordable Care Act (PPACA) and other laws,” notes Robert A. Marcino, Esq., Principal at Strategic Recovery Partnership Inc. “Also, because it contains clear language for all benefit lines—Medical, Prescription, Dental, Vision, Cafeteria, Life, and Disability—it supports brokers and administrators across a wide variety of benefits programs.”

About PLAN DOC Builder™

PLAN DOC Builder™ is a web-based tool that simplifies the task of generating self-funded or fully insured Health Plan Documents and compliant SPDs for all benefit lines. Available as an all-inclusive subscription at fixed licensing rates, PLAN DOC Builder includes 24/7 access; ability to produce SBCs as separate documents or integrated with the SPD; unlimited users, regulatory updates, exporting to Word® or PDF; “see as you go” document preparation; amendment capabilities; and consultative support. Developed by a team of attorneys and plan document specialists at Strategic Recovery Partnership (SRP), PLAN DOC Builder is built on, and backed by, over 20 years of expertise supporting Brokers, Consultants, TPAs, and Insurance Carriers. 25% discount for members of National Association of Health Underwriters (NAHU).

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Jim Tagliaferri
TME for Strategic Recovery Partnership Inc.
610-420-7401
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