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5500 Preparer's Manual for 2012 Plan Years
The premier resource in the field of Form 5500 preparation, 5500 Preparer's Manual will help you handle the required annual Form 5500 filings for both pension benefits and welfare benefit plans.
From Spencer's Benefits Reports: MetLife's 5th Annual Employee Benefits Trend Study confirms that more employers are implementing worksite wellness and prevention programs to help contain health care costs. More than one-fourth (28%) of all employers and nearly half (49%) of companies with 500 or more employees offered some type of a wellness program in 2006, and 43% of the sponsoring employers believe that their employees highly value these programs, according to the MetLife study.
Incentives for participation in employer-sponsored wellness programs include health insurance credits for employees following wellness guidelines such as exercise, nutrition, check-ups, and disease screenings, offered by 17% of employers. Nearly one-third (31%) of employers with 500 or more employees offer these wellness credit—up from 25% one year earlier. Some plan sponsors also impose financial penalties on employees who do not follow wellness guidelines—9% of all employers and 19% of employers with 500 or more employees do so.
The MetLife study also found the following:
Employee assistance programs—35% of all employers, and 58% of large companies, fund these programs, up from 25% and 46%, respectively, in the prior year.
Targeted prevention programs—offered by 17% of all employers and 34% of large employers.
Onsite clinics—offered by 14% of all employers and 28% of large employers.
Health care advocacy—15% of all employers and 29% of large employers offer this service.
The MetLife study consisted of two separate surveys of populations at firms with at least two employees, one of 1,202 diverse full-time employees age 21 or older, and the second one of 1,514 benefits decision-makers at companies representing a mix of industries and geographic regions.
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For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer's Benefits Reports.
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