Employee Benefits Services

Arcwood ConsultingTM is dedicated to helping employers create strategic benefit plans, that are easy to understand. We understand offering a comprehensive benefits package is important to attract and retain the best available talent for your business. Our goal is to be your trusted adviser to guide you and your staff through the complexities of the healthcare industry and create a lasting benefits package that your employees understand and appreciate.
Medical/Dental/Vision
 
Voluntary Benefits
 
Ancillary Coverage
 
Wellness Programs
 
Services Offered:
  • Plan Assessment / Benchmarking
  • Analysis of Funding Methods
  • Implementation & Service Timelines
  • Administration & Participation Issue Resolution
  • Enrollment Meetings & Participant Communications Support
Compliance:
  • Summary Plan Descriptions
  • ACA Compliance & Reporting
  • Audit File Development
  • Annual Filing Support
    • 5500 Reports
    • PCORI – 720s
    • Required Notices

Compliance

ACA ComplianceHIPAACOBRAERISAPOP/Cafeteria Plans HRAHSAFSAPlan Sponsor responsibilitiesFMLAEEOCOSHAFLSAADANLRADOL Audits
Do these acronyms just look like alphabet soup to you? Not sure where to start or what you are required to do? At Arcwood Consulting, we have the expertise and tools to help you navigate the legal obligations of your benefit and human resource programs, so you can focus your energy on running your business and helping your employees succeed. Arcwood will remind you of important deadlines, provide you with up-to-date required legal notices for your employees, and assist with your welfare plan document and summary plan description. Making sense of the Affordable Care Act is enough to make your head spin. We stay on top of federal and state legislation and will keep you informed of any changes that may impact you as an employer. Businesses of all sizes are recognizing the growing challenge of complying with complex, rapidly-evolving employment laws as well as the potential legal and financial consequences of noncompliance. Arcwood can provide you with the tools and guidance needed to become, and stay, compliant. Our team can assist in making sure your employees are classified correctly and ensure your policies and notices are current. With the Arcwood Consulting team on your side, you won’t have to wonder whether you’re in compliance. 32% of business plans audited by the DOL receive fines of over $10,000. No need to worry- you can rest easy with our regular compliance newsletters, articles action plans and support to keep you up to date and in the know. We work with many systems & partners to assist you in managing your employees and data more efficiently. Such as:

Human Resources

We know that companies are constantly evolving. We want to first understand your company’s strategy, culture and needs. Then, we will partner with you to create effective ways to strengthen your organization and help you meet your goals. We know that sometimes you need advice from an expert. You can call or email us to discuss solutions to those sticky employment situations that are bound to happen. We can help you establish, out-source and troubleshoot any and all essential Human Resource functions. Our certified HR consultants provide employers with help on a variety of topics, including employee relations, staffing, and employment compliance. Employee interactions in the workplace can, at times, become complicated. Arcwood takes the guesswork out of your day-to-day staff operations and HR compliance issues, so you have time to focus on everything else your job requires of you.
Services Offered:
  • HR Operations Assessments
  • Employee Relations Guidance & Support
  • Employee Handbooks, Policies & Procedures
  • Recruiting & New Hire Onboarding
  • Job Description Analysis & Creation
  • Performance Management
  • Manager & Employee Training
Compliance:
  • Form I-9 Audits
  • HIPAA Training & Compliance
  • OSHA Logs
  • FLSA – Wage & Hour Reviews

401k/Group Retirement plans

Arcwood ConsultingTM specializes in company sponsored retirement plans such as 401(k), 403(b), Defined-Benefit and many other executive compensation or non-qualified plans. We serve as fiduciaries to the plan in either a discretionary or non-discretionary role. We engage clients in a needs analysis, plan reviews and provide customized recommendations. Our firm engages with business owners, plan sponsors, trustees, investment committees, HR professionals and other executive leaders. Client’s and their employees gain value through our proprietary processes, dedication to fiduciary standards and personal service. We see ourselves as relationship firm backed by technology efficiencies. Our clients can expect a personal relationship, while participants will be engaged both via in person meetings as well as technology-driven interactions.

Our team is skilled at:

  • Plan design and oversight,
  • Provider search and negotiation,
  • Participant education
  • Investment monitoring,
  • Participant education/wellness,
  • Compliance responsibilities under ERISA.
Our mission is to increase participant retirement success and investment
understanding while clearly managing financial risk. Services are tailored to meet the specific and ever changing regulatory exposure and participant needs facing our clients.

Retirement Consulting services and Advisory Services offered through Arcwood Financial LLC. a registered Investment Advisory Firm. Arcwood Financial LLC. and Arcwood Consulting are independent companies.