South Carolina REPORTING AND DISCLOSURE REQUIREMENTS UNDER ERISA

• Category: South Carolina Federal - Jury Instructions - 4th Circuit
• State: South Carolina
• Control #: SC-FEDDC-JURY-29-1021
• Format: Rich Text

Description

Official Pattern Jury Instructions for Criminal Cases in Federal District Court of South Carolina. All converted to Word format. Please see the official site for addional information. http://www.scd.uscourts.gov/pji/ South Carolina REPORTING AND DISCLOSURE REQUIREMENTS UNDER ERICA are the legal requirements imposed by the Employee Retirement Income Security Act (ERICA) on employers who sponsor employee benefit plans. These requirements include filing annual reports, providing plan participants with certain information and documents, and meeting certain notification requirements. Generally, employers must file Form 5500, the Annual Return/Report of Employee Benefit Plan, and provide summary plan descriptions, annual funding notices, and blackout notices. The specific South Carolina REPORTING AND DISCLOSURE REQUIREMENTS UNDER ERICA include: • Form 5500: This is the annual return/report of employee benefit plan that must be filed with the US Department of Labor on behalf of employee benefit plans. • Summary Plan Description: Employers must provide each plan participant with a summary plan description that outlines the features of the plan and the rights and obligations of the participants. • Annual Funding Notice: Employers must provide a notice to plan participants each year that outlines the funding status of the plan. • Blackout Notices: Employers must provide a notice to plan participants prior to any blackout period in which participants are not allowed to make changes to their accounts. • Notifications: Employers must provide plan participants with certain notifications regarding eligibility, coverage, and rights under the plan.

South Carolina REPORTING AND DISCLOSURE REQUIREMENTS UNDER ERICA are the legal requirements imposed by the Employee Retirement Income Security Act (ERICA) on employers who sponsor employee benefit plans. These requirements include filing annual reports, providing plan participants with certain information and documents, and meeting certain notification requirements. Generally, employers must file Form 5500, the Annual Return/Report of Employee Benefit Plan, and provide summary plan descriptions, annual funding notices, and blackout notices. The specific South Carolina REPORTING AND DISCLOSURE REQUIREMENTS UNDER ERICA include: • Form 5500: This is the annual return/report of employee benefit plan that must be filed with the US Department of Labor on behalf of employee benefit plans. • Summary Plan Description: Employers must provide each plan participant with a summary plan description that outlines the features of the plan and the rights and obligations of the participants. • Annual Funding Notice: Employers must provide a notice to plan participants each year that outlines the funding status of the plan. • Blackout Notices: Employers must provide a notice to plan participants prior to any blackout period in which participants are not allowed to make changes to their accounts. • Notifications: Employers must provide plan participants with certain notifications regarding eligibility, coverage, and rights under the plan.