Compass is your one-stop-shop for compliance. Led by our team of industry experts providing a complete array of features, Compass will effortlessly guide you away from confusion and towards peace-of-mind.
Dedicated ERISA Compliance Specialist
Employer Specific/Employee Accessible Portal
Plan document package
Notice and Disclosure Package
PCORI filing, if needed
Alert Service - keeping you updated on changes to the laws
No additional amendment fees
Discount on the base fee for ACA Reporting for each year enrolled
HIPAA Privacy and Security Policies and Procedures, if needed
5500 filing, if needed
The rock-solid compliance foundation.
The normal plan for the small-mid sized business.
The rock-solid compliance foundation.
The normal plan for the small-mid sized business.
Dedicated ERISA Compliance Specialist
Employer Specific/Employee Accessible Portal
Plan Document Package
Notice and Disclosure Package
PCORI filing, if needed
Alert Service - Keeping you updated on changes to the laws
Notice and Disclosure Package
No additional amendment fees
HIPAA Privacy and Security Policies and Procedures, if needed
5500 filing, if needed
Discount on the base fee for ACA Reporting for each year enrolled
Under ERISA, all employee welfare benefit plans must have a written plan document to identify basic information about the plan. The MZQ wrap document is designed to help ensure clients meet applicable legal
requirements under ERISA, the Internal Revenue Code, HIPAA, the Affordable Care Act and more. Let the MZQ Compliance Team help you stay on top of your game.
ERISA plans with over 100 participants must file Form 5500 annually. Unsure what to do with all those carrier disclosures? A dedicated MZQ Compliance Specialist will help you through the entire 5500 filing process, from preparation to filing, including the Summary Annual Report.
The Mental Health Parity and Addiction Equity Act (MHPAEA) requires health plans to provide mental health and substance abuse benefits on substantially the same terms as they provide medical and surgical benefits. This includes parity with respect to non-quantitative treatment limitations (NQTLs)—think medical management and utilization review, etc.
As of February 10, 2021, every health plan needs to have a detailed analysis on-hand to show how they meet these requirements. To make things even more complicated, the DOL is now required to audit these analyses—maybe even yours… Then, the DOL and HHS must issue an annual report to Congress detailing the results of these reviews, including the names of noncompliant plans.
If that sounds like a nightmare to you, don’t worry—MZQ can help. After all, that’s what we do!
Review of all relevant plan documents, procedural manuals, and other requested written materials
An analysis of what defined factors the plan uses to determine how NQTLs will apply to mental health or substance use disorder benefits and medical or surgical benefits
A report detailing the results of the analysis that indicates if the plan is in compliance with MHPAEA NQTL requirements
A written description of specific plan coverage terms by specific classification and relevant NQTLs
Documentation and a comparative analysis of the processes, evidentiary standards and other information sources the plan uses in applying NQTLs
Recommendations to enhance compliance
Things don’t always go right. Whether you’ve received an IRS Letter 226-J assessing penalties under the employer mandate, an IRS Letter 5699 for failing to file, or an IRS Letter 972CG for filing late, IRS penalty assessments can strike fear in your heart. Our knowledgeable team can guide you through the IRS penalty process. Now, more than ever, you need seasoned experts to lead the way.
To qualify for tax-favored status, your benefit plan must prove it does not discriminate in favor of certain highly-paid employees. Let MZQ take the guesswork out of determining if you are in compliance. Our Non-Discrimination Testing Specialist will review your demographics and provide you with results and recommendations.
MZQ Consulting offers a Benefits Compliance Consulting service to brokers and TPAs that includes exclusive access to our diverse Compliance Team.
Our specialists can answer benefits compliance questions regarding the ACA, ERISA, FMLA, leave without pay, MLR rebates, COBRA, HRA, HSA, FSA, Section 125 and more*.
Customizable plans with per question or tiered-pricing available
Receive MZQ’s Beacon Alert any time there is breaking news pertaining to Benefits Compliance
Self-funded health plans, including HRAs and health FSAs, are covered entities directly subject to HIPAA. Our HIPAA manual is specifically tailored to employer-sponsored health plans. The manual incorporates both privacy and security policies and procedures. And, since documentation alone is not enough, we also include web-based HIPAA training for your HR staff.
