Employee Benefit Broker & Health Insurance Agency in NJ

Enrollment Deadline For 1st Of The Month
2024-08-31, 2024-07-31, 2024-06-30, 2024-05-31, 2024-04-30

Horizon Conversion Deadline For The Upcoming 1st Of The Month
2024-08-20, 2024-07-20, 2024-06-20, 2024-05-20, 2024-04-20

Horizon Enrollment Deadline For 15th Of The Month
2024-08-14, 2024-07-14, 2024-06-14, 2024-05-14

Form 5500
2024-07-31
ERISA-covered group health plans that do not qualify for the small plan exemption and MEWAs
Small health plans (fewer than 100 participants) that are fully insured, unfunded or a combination of insured/unfunded are generally exempt from the Form 5500 filing requirement.
Up to $2,586 per day for late filing. Delinquent Filer Voluntary Compliance (DFVC) program could allow for reduced penalties

PCORI fee
2024-07-31
Employers with self-insured health plans must pay an annual fee to fund the Patient-Centered Outcomes Research Institute (PCORI). Self-insured health plans that are subject to PCORI fees include self-funded medical plans, as well as HRAs offered in conjunction with fully insured group medical plans. HRAs offered with self-insured group medical plans are not subject to separate PCORI fees if the HRA and the medical plan have the same plan sponsor and plan year.
Employers use IRS Form 720 to report and pay PCORI fees, which are due by July 31 of the year following the last day of the plan year.
*The PCORI fees originally applied for plan years ending before Oct. 1, 2019. However, a 2019 spending resolution reinstated PCORI fees through 2029. As a result, self-insured health plans must continue to pay these fees through 2029.

Quarterly Report Deadline
2024-07-31, 2024-04-30

July 4th: Office Closed
2024-07-04

SHRM24 Chicago
2024-06-23 - 2024-06-25 | McCormick Place Convention Center, 2301 S King Dr, Chicago, IL, 60616, United States
Answer the Windy City’s call at SHRM24, the pinnacle of HR gatherings. From October [dates], Chicago becomes the epicenter of innovation, as HR leaders converge for four days of unmatched learning, networking, and growth. Immerse yourself in a diverse array of HR seminars, hands-on workshops, and pivotal topics, including mental health, AI, and DE&I. Engage with esteemed business leaders and visionary HR minds, setting ablaze your organizational journey.
In an exciting update for 2024, full in-person registrations unlock a unique advantage: access to select virtual sessions for 30 days post-conference. This extended virtual experience ensures SHRM24’s impact endures long after the event. Our commitment to your comfort and needs is reflected in our accommodation form, offering tailored support for an exceptional experience.
Secure your stay in the heart of Chicago by reserving exclusive group-rate hotel rooms through the provided link. For any hotel accommodation queries, reach out to sh**@*******ts.com.
Join us at SHRM24 and become part of an extraordinary community propelling HR into new horizons. From the bustling energy of Chicago, chart your course toward HR excellence. Secure your spot now and let’s shape the future of HR together! 🌆 #SHRM24 #HRInnovation

Shavuot: Office Closed
2024-06-12 - 2024-06-13

Prescription Drug Reporting (RxDC)
2024-06-01 - 2024-06-03
Group health plans and health insurance issuers
Requires employer-sponsored health plans and insurers to report information about Rx and healthcare spending to CMS annually.
Most employers will rely on third parties, such as Carriers, TPAs or PBMs to prepare and submit on behalf of the Plan/Employer but should get guarantees in writing.
No guidance on penalties have been released as of the creation of this document.

Memorial Day: Office Tentatively Closed
2024-05-27

Pesach Office Closed
2024-04-30, 2024-04-29, 2024-04-24 08:00 - 17:00, 2024-04-23 (America/New_York)

Individual Mandate Reporting for Employers with Employees in specific cities or states
2024-04-30
Employers with Employees in District of Columbia and San Francisco
DC: Employers must provide IRS Forms 1095-B/1095-Cs to DC’s OTR.
San Francisco: Complete the Annual Reporting Form for the San Francisco Health Care Security Ordinance
DC: No penalty listed
SF: Subject to a penalty of $500 per quarter

Passover: Office Closed
2024-04-29 - 2024-04-30, 2024-04-23 - 2024-04-24
