ERISA Services by Wrangle LLC
Knowledge. Experience. Confidence. Certainty.
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"You are awesome!!!! Thank you so much for your work on this one. In fact, thank you for taking on this responsibility for our clients….certainly not something that’s a lot of fun. You do a terrific job."
– JW
Employee Benefit Consultant
Charlotte, NC
"Thanks so much! Your turnaround is so fast!!! Great service!"
– CR
Employee Benefit Consultant
Grand Rapids, MI
"As always your timing is impeccable!!! Your record keeping is totally awesome!"
– JBS
Employee Benefit Consultant
La Jolla, CA
Wrangle's Services
Getting an early start and managing the data/information collection is the key
to success in
the Form 5500 process. The problem is that most people do not know or have
the time to properly manage the process. The process then begins late and
turns into a last-minute rush to completion. This rush can lead to
inaccurate filings, missed filings, unhappy clients, and non-productive use of
key employees' time trying to resolve issues.
Many CPA firms, attorneys, and other professionals will only complete the Form at your direction. In other words, the burden is on you to manage the entire process while they just fill in the blanks on the Form.
At most firms, this work is completed by entry-level employees who know very little about the employee benefit industry and do not understand the Form or process. Their ability to provide valuable advice, answer questions, handle complex situations, or help you in the new business process is limited at best.
Wrangle has a proprietary service platform that manages the Form 5500 and
Summary Annual Report (SAR) process from start to finish.
Wrangle uses state-of-the-art software to help assure compliance with all filing requirements. Some of the key elements of the model include:
- Wrangle takes ownership of the process. Our responsibility is to you
- Development of a filing schedule for each Plan for every client
- Timeline management tool with built-in follow-up notices
- Assist in gathering Schedule A and C data from insurance companies and administrators
- Provide data gathering worksheets to get accurate participant counts, etc.
- Provide sample client letter with detailed filing instructions
- Provide signature-ready Form 5500's with Schedules
- Provide Summary Annual Reports (SAR)
- Answer questions during the process and after delivery of the Forms
- Provide professional consulting advice regarding ERISA reporting
- Correct errors and deficiencies in Forms as requested
- Respond to DOL/EBSA letters
- Prepare Form 5558 (Extension of Time to File) as necessary
- Assist with delinquent filing and failure to file issues
- Keep you appraised of new rules and regulations
- Help you plan and prepare for key issues (e.g., electronic filing)