03/16/2010
The Employee Benefits Security Administration has converted to a total electronic system for online filing of the Form 5500 and the new Form 5500-SF. Filers must submit the annual form electronically through the so-called EFAST2 system at www.efast.dol.gov.
03/15/2010
According to Towers Watson’s 2010 Health Care Cost Survey of 552 employers, health costs (insurance and out-of-pocket expenses) are outpacing inflation at record-high levels. The average employee will pay $400 more for health insurance this year than in 2009, bringing the annual average total to $2,487. Employers are paying more to offer health benefits, too.