Our HR Document Builder guides you through your Wrap doc creation so you can have yours done within an hour. We offer these individually priced or are available as one of many features included in our AllMyHR™ Solutions.
A benefit of this requirement, saving time and money. An employer with a Wrap in place will save hours and money at tax time. By allowing employers to file a single Form 5500 instead of a Form 5500 for each health and welfare benefit offered, filing business taxes becomes simplified.
A POP Plan is also known as a Section 125 (or Cafeteria 125 plan). It allows employees to pay their premiums for their health insurance tax free. This saves employees on Federal, State and Social Security taxes while lowering employers taxes towards Social Security match. In order to allow your employees to pretax certain benefits on their paychecks, you need to have a compliant section 125 premium only plan document (POP).
Protect your employees and your company with In-depth, interactive courses on: On the job safety, OSHA, Personal Protective Equipment, Personal Safety and Transportation.
Schedule an AllMyHR Demo to see how our services help your business.