If you offer benefits to one or more employees in the US, government regulations apply to you. 

Employee benefits regulations are constantly changing on both State and Federal levels, therefore, it’s important to stay up to date on everything your HR team needs to do to stay compliant. Jesse Consulting helps clients avoid needless penalties and fines, while providing the government and your employees all the information they are entitled to by law. 

Remember all employers, have a fiduciary responsibility to provide a Summary Plan Description (SPD) to each employee covered under the employer’s group benefit plan. We can assist you with your SPD. 

Is my company required to comply with government regulations? 

Yes, if you provide health, retirement, and/or voluntary benefits to employees -- especially if these benefits have tax implications for the company or employees. Government regulations vary by the number of employees. Some requirements are specific to all employers; others to employers with more than one employee, more than 20, and more than 50.  

When is my company required to comply? 

We provide our clients with an annual calendar, by size of employer, a month-by-month compliance guide. This includes federal and state requirements. 

How and when do I take an accurate employee count? 

We can assist you in calculating your total number of employees, full-time equivalent (FTE), part time, seasonal, and variable workers. 

What happens if I don't comply with government regulations? 

The government can issue fines for late compliance and non-compliance. Some penalties are minor, others will significantly affect your bottom line.  

Depending on your company size and structure, your notifications and filings may include the small sample shown below: 

• ACA, Affordable Care Act healthcare coverage verification, 1095-C and 1094-C  

• COBRA (Continuing health coverage for former employees, employers with more than 20 employees) 

• ERISA (Protect rights of employees covered under their employer’s benefit plan) 

• FMLA (Federal Family and medical leave unpaid leave for employers with more than 50 employees) 

• PFML (Washington State paid leave for all employers with one employee working in Washington State) 

• Medicare Part D Notice of creditable coverage to employees 

At your direction, we work with your company's human resource, payroll, and legal professionals. We can refer you to our strategic partners for additional counsel when necessary. This information is intended as a guide and is not an exhaustive list nor is it legal advice. 

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