As an employer with 75 employees, I understand that I now have to offer my employees benefits under the Affordable Care Act, or ACA. Other than offering me a health plan, what else can a PEO help me with in complying with this law?
This legislation is complex and a PEO can assist your company in dealing with this new regulation. A PEO can help in many ways, such as:
- Assisting you with tracking your workforce and full time equivalent employees, waiting periods, tracking hours, and tracking employee status.
- Reporting requirements for W-2’s and assisting with 1094 and 1095 filings.
- Other areas include employee communications and offering various benefit plans, including Minimum Essential Coverage (MEC and Minimum Value plans.)
PEO’s can reduce your risk on non-compliance with ACA and reduce your administrative time and costs. Please contact us directly for more information.