Peters & Milam Insurance Services


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We exist to educate our clients on the latest in heath care reform. Our hope is to present updates in fresh, bite-sized and easy to understand terms that leave you feeling empowered and equipped to better navigate the health care world. Whether you are insured through your business or as an individual, our blogs are here to help! 


What is A Wrap Plan Document?

We live in a world where there are required notices for just about everything! Employee benefits are no exception. At Peters & Milam, we want to assist our clients on their journey toward compliance, and therefore have complimentary products to help. This blog post will focus on the notices employers are required to have in-house and sometimes must provide to employees.

The Federal Employee Retirement Income Security Act (ERISA) mandates that employers/plan administrators provide a Summary Plan Document (SPD) to each participant and that ERISA-covered plans must be maintained in accordance with a written Plan Document.

A wrap plan document is a legal document that “wraps” together, or combines, all an employee’s welfare benefit plan arrangements and/or group insurance policies and contracts into one single document.

Many employers mistakenly think that insurance contracts, certificates of insurance, or benefits summaries fulfill this ERISA requirement for a SPD and a Plan Document, but they unfortunately don’t. We use specialized software to help our employers easily create these two documents into a single document that “WRAPS” them together.  This document needs to be updated whenever there are material modifications to your plan(s), but we usually recommend doing it annually. Be sure to read Part 2 of this series - “How Do I Distribute Employee Benefit Notices?” to learn more about the other notices that employers are required to distribute.

If you are a group client and haven’t heard from us yet about your updated WRAP document, you will soon. If you have any questions in the meantime, please feel free to contact us - Call us at (805) 687 - 3225, or send us an email at We can't wait to hear from you!

-Dave Peters