Wilson Partners Releases Its 2011 Cafeteria Plan Compliance Checklist

Online, January 11, 2011 (Newswire.com) - Health care reform has made many benefit managers more wary of compliance issues for 2011 plans beginning in January. Wilson Partners, a health care consulting company, has created a Cafeteria Plan Compliance Checklist to ensure businesses are compliant with all 2011 cafeteria plan, Section 125 regulations. The checklist can be found on the Wilson Partners website at www.wilsonpartners.com/resources.php.

"Wilson Partners has tried to make it easier for plan sponsors to navigate health care reform. It is one our major initiatives this year," says Nate Lundsten, consultant at Wilson Partners.

Under Section 125 of the Internal Revenue Code (IRC), businesses offering cafeteria plans must be compliant with various regulations. These regulations may change year to year, and businesses must remain aware of any changes and modify employee benefit plan design or administration accordingly.