Annually, the SOCA BP Plan Administrator requires the collection of Annual Rate and Reconciliation data for participating Employers over a 60-day period between February 1 and March 31.
Why is this being enforced?
This ARC form is required by the Plan Administrator. The information captured on the form is used to complete the IRS Form 5500 for the SOCA BP for the Department of Labor and the IRS, thus ensuring the plan complies with its reporting requirements.
How can a Group obtain a copy of their 5500 once it is filed?
An interested Group can look up a copy of their Form 5500 at the department of labor website here: https://www.efast.dol.gov/portal/app/disseminate?execution=e1s1
What are the consequences if the broker does not complete the forms for the Group?
Groups are required to submit data to the Plan Administrator. If they do not comply, they will likely be contacted by the Plan Administrator.
Where can I go for further assistance?
For assistance on how to download and complete the ARC form, please refer to the help articles below.
- How to download and complete the Annual Rate and Census Reconciliation form
- How brokers can download the Annual Rate and Census Reconciliation form for Anthem for SOCA BP
- How HR Managers can download the Annual Rate and Census Reconciliation form for Anthem for SOCA BP
Who do I contact with questions?
Please contact the Client Services team at firstname.lastname@example.org with questions.