Filing & administration
Plan Document
The formal legal document establishing an ERISA-governed benefit plan. Includes named fiduciary, amendment procedures, funding source, claims procedure, and eligibility rules. Carrier-issued certificates of coverage alone are NOT a Plan Document; most employers need a "wrap document."Last reviewed: · TMRW Benefits is a benefits brokerage, not a tax or legal advisor. Consult a CPA or attorney for situation-specific guidance.
Related terms
ERISA (Employee Retirement Income Security Act of 1974)
Federal law governing most private-sector benefit plans.
Read definitionSPD (Summary Plan Description)
Plain-language plan explanation for participants.
Read definitionWrap document
Combines carrier certs with ERISA elements.
Read definitionFiduciary
Person with legal duty to act in plan participants' interest.
Read definitionMore in Filing & administration
Form 5500
Annual ERISA report for plans with 100+ participants.
SPD (Summary Plan Description)
Plain-language plan explanation for participants.
Wrap document
Combines carrier certs with ERISA elements.
SAR (Summary Annual Report)
Annual Form 5500 summary for participants.
Form 1094-C / 1095-C
IRS ACA reporting forms for ALEs.
SBC (Summary of Benefits and Coverage)
Standardized ACA plan-comparison summary.
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