Soteria specializes in providing tailored benefits administration services that ensure your organization runs smoothly and efficiently. Our expert team handles everything from enrollment to compliance, allowing you to focus on your core business. By partnering with us, you gain access to cutting-edge technology and personalized support that enhances employee satisfaction and optimizes your HR processes.

The goal of employee healthcare management is to optimize benefits administration for a company’s specific employee’s insurance is complicated and mistakes are costly. We’ll help your personnel stay focused on work while managing claims for them. Knowing the details of an organization and potential issues raised by specific employees, both present and future healthcare difficulties can be averted.

Beyond benefits enrollments and terminations, Affordable Care Act (ACA) compliance includes a lot of paperwork. For example, since the Internal Revenue Service enforces ACA compliance, IRS Forms 1094-C and 1095-C must be filed correctly. Given the potential penalties involved, ACA compliance is a necessity.

Known as a Cafeteria Plan and a part of the IRS code, a Section 125 Plan allows employees to take taxable benefits, such as a cash salary, and convert them, into nontaxable benefits. Such benefits may be deducted from gross income before taxes are paid. The goal is to shift the amount being paid to reduce taxable income.

The SPD Wrap is a requirement of the ERISA law that is overseen by the Department of Labor. The SPD (Summary Plan Description) is a reader-friendly document that lays out an organization’s benefit plan for the participants showing them how it operates. By wrapping around and thus presenting a company’s benefits plan in detail, the SPD Wrap simplifies benefits administration services for employees.