Compliance Services
Navigating Benefits Compliance with Confidence
Focus on People, Not Penalties
Managing employee benefits is a balancing act. You want to offer competitive packages that attract and retain top talent, but the administrative work and ever-changing compliance landscape can be overwhelming. The weight of federal regulations, reporting deadlines, and potential penalties can feel like constant pressure, taking your focus away from what truly matters: your people.
At Navia, we understand this challenge. For over 20 years, our team has partnered with employers to transform complex compliance issues into straightforward, manageable processes. We’re here to help you stay compliant, avoid costly fines, and give you back the time to focus on building a thriving workplace.
Get a QuoteACA Reporting
The Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to report health coverage information. This process can be labor-intensive and prone to error.
How We Help
We offer two levels of service, “Reporting Only” and “Tracking and Reporting,” to match your needs. Our intuitive dashboard, dedicated analysts, and automated error detection simplify data management, ensure timely filings, and calculate potential penalty exposure, giving you complete clarity.
Form 5500 Services
If your health and welfare benefit plan has 100 or more enrolled employees, or for any retirement plan, you must file a Form 5500. We manage the entire process from beginning to end.
How We Help
Our experts handle the data gathering, preparation, collaboration with your plan’s auditor (if applicable) and electronic filing with the IRS and DOL. For those who have missed a deadline, our 5500 Late Filing service helps you apply for the Delinquent Filer Voluntary Compliance Program (DFVCP) to reduce penalties and get back on track.
ERISA Wrap Documents
The Employee Retirement Income Security Act (ERISA) applies to nearly all private-sector employers offering group-sponsored benefit and retirement plans. It requires you to provide employees with a Summary Plan Description (SPD), amendments, Summary of Material Modifications (SMM), and annual disclosures.
How We Help
We create the necessary ERISA documents to keep you compliant. Our unique software gives you 24/7 access to your documents. Navia helps streamline the Form 5500 filings by bundling all health and welfare benefits under a single plan, and gives you alerts every step of the way in preparing your retirement plans’ Form 5500 filings.
Nondiscrimination Testing (NDT)
Annual NDT is required for many benefit plans (like Cafeteria Plans, FSAs, HRAs, and retirement plans) to ensure they do not unfairly favor highly-compensated or key employees.
How We Help
Our compliance experts guide you through the entire testing process. We make it easy to understand which benefits need testing, who is affected, and what the results mean, providing you with comprehensive reports and total peace of mind.
Premium-Only-Plan (POP)
A Section 125 POP is a simple way to generate significant tax savings for both you and your employees. It allows insurance premiums to be paid with pre-tax dollars.
How We Help
Navia creates and maintains your POP document, ensuring all plan summaries, disclosures, and provisions are compliant. This small step reduces your payroll taxes and increases your employees’ take-home pay, a clear win-win.
