Benji Marrs
Sr. Benefit Strategist
Benji is a 1998 graduate of Transylvania University with a degree in Business Administration. Since joining Bim Group in 1999, Benji has primarily served large group employers across all industries to finance benefits – with an emphasis on improving the clinical health of employees and dependents. He achieved notable success with employers in the government and healthcare sectors. He focuses on identifying cost avoidance and risk mitigation opportunities, while developing multi-year strategic plans.
Recent Insights
The Importance of a Wrap Plan
READ TIME: 3 MINUTES Section 402 of the Employee Retirement Income Security Act (ERISA) requires that every health and welfare plan must have a written plan document. A wrap plan is a document that bundles or “wraps” ERISA health and welfare benefits (medical, dental, and vision, for example) into a single plan. It is an […]
Read moreWhat Health Plan Sponsors Need to Know about the New Fiduciary Rule
READ TIME: 4 MINUTES The Department of Labor (DOL) recently released a final rule, expanding the definition of “investment advice” under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code. While the rule is aimed at retirement plans, the final rules failed to provide an exception for health and welfare plans that […]
Read moreWebinar: ERISA – It’s Not Just About Retirement
Tuesday, September 10, 2024 1 – 2PM CST Register Now Registration Code:UBA410EW Gain insights into: An employer’s fiduciary responsibilities under a group health plan Reporting and disclosure requirements for all employers Preparing for a Department of Labor audit Be able to answer these questions: What happens if an employer fails to submit Form 5500? How […]
Read moreJuly 2024 Compliance Recap
July was a busy month for sponsors of group health plans. The final DOL rule on overtime exemption requirements went into effect July 1. IRS Form 5500, due on July 31 for calendar year plans, applies to most public and private sector businesses providing plans to 100 or more participants. Also due by July 31 […]
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