5500 Filing

The penalty for 5500 errors can be as much as $1,000 for each day it is out of compliance.

Is Your 5500 Filing Putting You At Risk?

Your employee benefit plan filings are complex, costly, and time consuming. The Department of Labor (DOL) discovers tens of thousands of errors every year. If you are caught with a missing, incomplete, or incorrect 5500 filing you will subject your company to the scrutiny of the DOL and the IRS.

The penalty for a missing, incorrect, or incomplete 5500 form can be as much as $1,000.00 for each day it is out of compliance.

Help Your Staff Stay Focused On Your Business

Our experts constantly monitor changes in ERISA laws, regulations, and compliance issues. We’re on top of every detail of IRS and DOL reporting requirements that your benefit plan must provide. Most accounting firms and HR staff cannot and do not keep up to date.

We can free your people to focus on your business, your employees, and your issues.

Here’s What We Will Do For You

When you work with Healthy Halo on your 5500 Filings, we’ll prepare Form 5500 and all related attachments, as well as any Form 5588 filing extensions. All IRS and DOL inquiries relating to your 5500 will be handled by us. If you have additional employee benefit filing requirements such as Form 5330 or Form 990, we’ll take care of it. Every year, we will perform the required nondiscrimination testing for your Cafeteria Plans as required by IRS Codes 125, 129 and 105(h).

The Bottom Line On Form 5500

Your staff saves time.

We assume all liability for any potential penalties.

Your management knows the job will be done right. Every time.

"Healthy Halo has far exceeded what I’ve come to expect from a “traditional” benefits broker.

Your benefits administration services have been a great help for a 1 person Human Resources Department. In addition to your online benefits administration system, Healthy Halo handles our COBRA administration, FSA administration, and processes new benefit enrollees and terminations with our insurance carriers.

Each of our newly benefit eligible employees meets in-person with a benefits counselor to explain and enroll them in our benefit plans.

Just recently, I needed handouts and literature to conduct state mandated AB 1825 sexual harassment training. You were quick to respond with your online HR website that provided me with everything I needed to complete this mandatory training.

I would highly recommend Healthy Halo to any company that is looking for more than just a broker."

Sincerely yours,
Patti Davis
Manager, HR and Travel, Morphosis Architects
I would like to complement your company for the excellent customer service.

I am lacking knowledge and experience in the area of insurance, and your people have been a great help. Not only willing to help, but do it in a very timely manner.

You can be proud of your employees.

Please extent my appreciation and thanks.

Jim Motush
1928 Jewelry Company
"It's extraordinarily helpful to find a company that offers services well above and beyond.

Whenever there is a question concerning our insurance, or workers' comp, or complying with regulations, you have someone to step in and offer help.

Since we measure every dollar we spend, this is a very valuable asset to us."

-Maria Carmona,
Human Resources, WAAG, Los Angeles, Calif.