Products and Pricing

Wrap-Tightsm Plan Document Package


Our proprietary Wrap-Tightsm compliance and document system allows employers to prepare a single custom-made wrap plan document and SPD, rather than having to prepare them for each separate component benefit plan. With our plans, employers are required to file only one Form 5500, avoiding the often significant costs of preparing separate Form 5500s and delivering separate Summary Annual Reports (SARs) and SPDs to participants in each plan.

The laws regulating employee benefits change frequently, and the pace of change is likely to accelerate due to health care reform. In order for your documents to remain in compliance, we will periodically update them to reflect recent legislation, changes in regulations, and court cases. Whenever updates are made, we will notify you of their availability. Similarly, employers often change carriers, coverage features, plan provisions, and the benefits they offer. You may update your documents to reflect these changes as they occur and download new compliant documents quickly and easily at any time during the year at no additional charge. This saves you the time and expense of preparing new documents or amendments every time a change occurs.

Our Wrap-Tightsm package includes these documents:
  • Cover Memo
  • Plan Document
  • Summary Plan Description (SPD)
  • Qualified Medical Child Support Order (QMCSO)
  • Electronic Distribution Instructions


Premium Only Plan (POP)


This is the most basic and popular type of section 125 plans. It allows employees to pay their portion of insurance premiums with pre-tax dollars, which reduces both the employer's and employees' tax liability. The ERISA Pros POP feature of Wrap-Tightsm uses input provided for the wrap document along with responses unique to the Premium Only Plan (POP) to create IRS compliant POP documents along with your wrap plan.