Compliance Solutions

The ACA, FMLA, and Health and Welfare benefits require strict adherence to complex laws and changing regulations for employers, which can leave a heavy burden on your HR professionals. TASC Compliance services works to reduce your burden and risk when it comes to effectively managing your compliance needs, giving you more time to focus on growing your business.

Employee Retirement Income Security Act

The Employee Retirement Income Security Act of 1974 is a federal law regulating group-sponsored benefits. Employers face strict deadlines for disclosing plan information to eligible employees, and all sponsors who administer ERISA plans must follow a fiduciary code of conduct TASC can support your business by providing necessary documents, forms, and record keeping. Their ERISA compliance offering is backed by more than 75 years of industry experience with experts and in-house legal counsel who assist in preparing documents accurately.

Features:

Compliant ERISA Wrap Plan Document/SPD.
Subscription Service – any regulatory change updates or plan updates are included in your annual fee.
Instructions on distribution of your Plan Document/SPD.

Affordable Care Act

As of 2015, Applicable Large Employers (ALEs) must comply with the requirements under the Employer Shared Responsibility Mandate (Play or Pay Provisions) through the Affordable Care Act. In order to avoid penalties, ALEs must offer minimum essential coverage that is “affordable” and that provides “minimum value” to their full-time employees and their dependents.

Take away the stress and complexity of ACA coding with assistance from the TASC compliance experts. They provide clients with a workbook to upload with employee and coverage data at year-end within their proprietary portal. The workbook focuses on key deliverables for employers with simpler reporting needs.

Features:

System access and ACA information through a portal available 24/7.
Data Validation real time – upload data, review, and report on data.
Ability to view draft forms.
On-Demand training resources and guides to walk you through the process.
Access to support to assist with ACA reporting questions.
Important dates posted inside the system.
Information carried over from one year to the next, to reduce administrative work.
Client Administration Manual
Year-End Reporting and forms generation

Family Medical Leave Act

The Family Medical Leave Act (FMLA) guarantees eligible employees the right to take up to 12 weeks of unpaid job-protected leave in a 12-month period for specific medical and family-related reasons. With significant regulation detail and legal requirements, FMLA administration is time consuming and complicated. TASC FMLA streamlines the process and provides FMLA compliance. Their FMLA administration applies FMLA regulations and policies within your organization, tracks employee leaves, and documents all FMLA communications. TASC FMLA features innovative activity reports, multiple methods for reporting FMLA events, and immediate notification of FMLA denial. They train your supervisors and managers on topics, including proper company procedures, FMLA state and federal regulations, and more.

Features:

Plan enrollment and Implementation with an FMLA Implementation Specialist.
TASC FMLA Administration Manual.
Recommended changes to policies and practices to maximize FMLA rights.
Fair application of FMLA Regulations and Policies.
Full Review of FMLA Eligibility and Entitlement is included.
FMLA Leave Qualification and Tracking.
FMLA Event and Leave Request Processing.
Report an event online or via telephone.
TASC FMLA assumes the responsibility and liability regarding federal notices under the Act.
Immediate Denial Notification.
FMLA Activity Reports.
Training for Supervisors/Managers on company procedures and FMLA Regulations.
Toll-free and online leave request options.
Personalized Onboarding.

Be On Your Way to Better Benefits

First Commonwealth Insurance Agency has partnered with Total Administrative Services Corporation (TASC) to provide the above information about products and services for small employers. These services are offered directly by TASC, with which employers contract independently. Please note that these services are not insured or guaranteed by First Commonwealth Bank or the FDIC. This partnership does not constitute a solicitation for deposit or a commitment of any banking services. Customers should carefully review all terms and conditions provided by TASC before enrolling.

¹Service fee waived for TASC ERISA clients

Insurance products offered through First Commonwealth Insurance Agency, a licensed Insurance agency
affiliate of First Commonwealth Bank.

NOT Guaranteed by the Bank	NOT FDIC Insured	NOT a Deposit
NOT Insured by any Federal Government Agency	May Lose Value including Loss of Principal