Compliance Services

When you partner with Innovative, you’re not just checking a compliance box; you’re gaining a dedicated extension of your team. Our process is hands-on, proactive, and built around transparency and trust.

Here’s what you can expect:

• Collaborative Partnership: We take time to understand your organization’s structure, goals, and existing processes so we can develop a compliance strategy that truly fits.
• Proactive Communication: From new regulations to important filing reminders, our team keeps you informed well before deadlines approach.
• Simplified Complexity: We translate regulatory jargon into clear, actionable steps that make sense for your team.
• Reliable Support: Whether you need help responding to a DOL request or preparing fiduciary documentation, we’re there every step of the way.
• Peace of Mind: You’ll know your plans are compliant, your documentation is complete, and your organization is protected.

At Innovative, our goal is to remove stress from compliance, so you can stay focused on what matters most: your people and your business.

Our compliance team serves as an ongoing partner in protecting your organization, not just a consultant you call once a year. We provide the structure, tools, and expertise employers need to stay compliant, informed, and confident in their benefit plan management.

We help employers navigate every layer of compliance by offering clear guidance, detailed documentation, and proactive communication. From complex filings to employee notices, we ensure that nothing slips through the cracks.

Our team monitors changing legislation, reviews your current processes, and implements best practices to reduce risk and maintain compliance year-round. Whether it’s preparing for a DOL audit, managing fiduciary responsibilities, or keeping your plan documents current, we do the heavy lifting so you can focus on running your business.

Success in compliance isn’t just about avoiding penalties; it’s about creating confidence, clarity, and consistency across your organization. When you partner with Innovative, you’ll feel the difference in how compliance is managed and how your team operates.

You’ll have clear documentation, established processes, and full visibility into your obligations and timelines. Your leadership team will feel confident that every compliance requirement, from filings to fiduciary oversight, is handled accurately and in a timely manner.

Your HR and benefits teams will spend less time worrying about regulations and more time focusing on strategic initiatives that support your people. Most importantly, you’ll have a trusted partner monitoring regulatory change, anticipating risks, and guiding you through every step of the process.

Success with Innovative means fewer surprises, less stress, and complete assurance that your organization is compliant, prepared, and protected.

Navigating ERISA requirements can be complex, but it’s essential to maintaining the integrity and legality of your benefit plans. Our team helps you understand and fulfill your fiduciary obligations under the Employee Retirement Income Security Act (ERISA), ensuring your plans operate in the best interest of your participants.

We review plan documents, disclosures, and administrative processes to identify potential risks and correct compliance gaps before they become costly issues. From summary plan descriptions to annual reporting, our experts ensure every document and deadline is met with precision.

We also provide fiduciary training and governance support, helping your committee members understand their responsibilities and maintain a strong compliance framework.

With Innovative, ERISA compliance isn’t a guessing game; it’s a proactive, well-documented process that protects both your organization and your employees.

The Affordable Care Act introduced complex reporting and tracking requirements that can be challenging for employers to manage alone. Our team simplifies the process by ensuring your organization meets all ACA obligations accurately and on time.

We help you understand the rules surrounding employer shared responsibility, measurement periods, and eligibility tracking. From generating accurate 1094 and 1095 forms to verifying data integrity, we handle every step to ensure your filings withstand audit review.

Our experts continuously monitor updates to ACA regulations, keeping you informed of any changes that may affect your reporting requirements or penalty exposure. We also offer tools and guidance to help streamline data collection, improve accuracy, and reduce administrative burden.

With Innovative, ACA compliance becomes a seamless, stress-free process that protects your organization from risk and keeps your team confident in every submission.

Accurate and timely Form 5500 filing is a key component of maintaining compliance with ERISA and Department of Labor requirements. Our team ensures your filings are complete, precise, and submitted on schedule, reducing the risk of penalties or red flags during review.

We guide you through every step of the process, from gathering plan data to reviewing financial schedules and verifying that all necessary attachments are included. Our experts identify potential discrepancies early, helping you correct issues before they become compliance problems.

Beyond filing, we provide a clear understanding of what your Form 5500 represents and how it fits into your broader compliance responsibilities. Whether you manage a single plan or multiple benefit programs, we make the process efficient, transparent, and worry-free.

With Innovative, you gain a trusted partner dedicated to keeping your filings accurate, timely, and fully compliant year after year.

Receiving notice of a Department of Labor or IRS audit can be stressful, but with the right preparation and guidance, it doesn’t have to be overwhelming. Our compliance team provides the expertise and structure you need to navigate the process with confidence.

We begin by reviewing your existing documentation, identifying any gaps, and ensuring all materials are organized and audit-ready. From plan documents and filings to participant communications, we help you present a complete and accurate record of compliance.

During the audit process, our team serves as your advocate and resource, helping you understand what the agencies are requesting, preparing responses, and guiding you through each step of the review. We communicate directly with regulators when appropriate and ensure deadlines are met with precision.

With Innovative’s support, employers gain peace of mind knowing they have experienced professionals by their side who understand the audit landscape and are committed to protecting their organization every step of the way.

Strong fiduciary governance is the foundation of a compliant and well-managed benefits program. Our team helps employers establish and maintain governance structures that align with ERISA standards and demonstrate prudent management of their plans.

We assist in developing clear fiduciary frameworks, including committee charters, meeting agendas, and documentation protocols that support informed and consistent decision-making. Through ongoing education and fiduciary training, we ensure committee members understand their responsibilities, the importance of oversight, and how to manage potential conflicts of interest.

Our experts also help you implement best practices for monitoring plan performance, reviewing service providers, and maintaining detailed records of all fiduciary actions. These steps not only protect your organization but also strengthen your position in the event of a regulatory review or participant inquiry.

With Innovative, fiduciary governance becomes a structured, transparent process that reinforces accountability, compliance, and confidence across your organization.

The regulatory landscape is constantly evolving, and staying informed is essential to maintaining compliance. Our team actively monitors federal and state legislation affecting employee benefit plans and provides timely updates to keep you ahead of potential changes.

We translate complex regulatory language into clear, actionable guidance so your organization understands exactly what new rules mean and how to implement them. Whether it’s new fiduciary requirements, updated ACA guidance, or emerging disclosure obligations, we ensure you receive the information and direction you need without the confusion.

In addition to alerts and summaries, we offer educational sessions, compliance check-ins, and policy reviews to help your team stay prepared year-round. This proactive communication allows you to make informed decisions, adjust strategies when needed, and maintain a compliant, well-managed benefits program.

With Innovative, you’ll never have to worry about missing a critical update. You’ll have the assurance of knowing our team is monitoring the details and guiding you through every change that impacts your organization.