BALDWIN REGULATORY COMPLIANCE COLLABORATIVE
Welcome to the March 2025 Issue
Upcoming Compliance Deadlines
For information regarding upcoming compliance deadlines for employer-sponsored group health plans.
DOL Announces 2025 Annual Adjustments to Penalty Amounts.
The Department of Labor (“DOL”) has announced the 2025 annual adjustments to the civil monetary penalties assessed or enforced by the Department, including those related to a wide range of employee benefit compliance failures.
California Corner: New Compliance Obligations and Key Changes from the 2024 Legislative Session
With the new year already underway, benefits managers and other plan administrators must turn their attention to recent legislative updates that will impact group health care service plans regulated by the Department of Managed Health Care (“DMHC”).
Exploring Dependent Care Assistance Programs Flexible Spending Accounts
Many employers understand the benefits of offering a dependent care assistance program (“DCAP”) to their employees. DCAPs are a valuable tool for attracting and retaining top talent while also providing significant tax benefits for both parties involved.
Guidance for Establishing a Health Welfare Plan Fiduciary Committee
The Guidance for Establishing a Health & Welfare Plan Fiduciary Committee outlines the need for employers to form a dedicated committee to oversee health and welfare plan governance, ensuring compliance with ERISA and mitigating legal risks.
Nondiscrimination In Action, Part VI: Dependent Care Assistance Programs
This article highlights the federal nondiscrimination requirements for dependent care assistance programs (“DCAPs”), to ensure they do not disproportionately benefit highly compensated employees (“HCEs”).
Frequently Asked Question (“FAQ”) of the Month
Our FAQ of the Month focuses on ACA reporting and employee classification when a full-time employee shifts to part-time status: learn how stability periods, measurement methods, and compliance requirements impact coverage decisions and potential penalties.
FEATURED COMPLIANCE INSIGHTS
Training and Webcast Calendars
2025 HIPAA Complete Training Calendar
2025 Baldwin Professional Education Connection Educational Webcast Calendar
This newsletter is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The content of this newsletter is made available on an “as is” basis, without warranty of any kind. The Baldwin Insurance Group Holdings, LLC (“The Baldwin Group”), its affiliates, and subsidiaries do not guarantee that this information is, or can be relied on for, compliance with any law or regulation, assurance against preventable losses, or freedom from legal liability. This publication is not intended to be legal, underwriting, or any other type of professional advice. The Baldwin Group does not guarantee any particular outcome and makes no commitment to update any information herein or remove any items that are no longer accurate or complete. Furthermore, The Baldwin Group does not assume any liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Persons requiring advice should always consult an independent adviser.
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Get in touch with our compliance team
The Baldwin Regulatory Compliance Collaborative is a national team of compliance and ERISA experts to help keep your organization compliant and informed.