As a contracted plan administrator “ERISA” for Health and Welfare Trusts, MVI fills a boutique position, often over looked; An essential fiduciary position for the TRUSTE’S, suggested by the department of labor DOL.
MVI fulfills the administrator duties of Trustees acting as fiduciaries. The Firm generally when employed as a plan administrator takes on the day to day ministerial duties of the named fiduciaries. The Firm works closely with the Plan Attorney’s and Auditors to ensure compliance with all regulatory agencies i.e. DOL, DLR, IRC, as well as State regulations as they may apply to associations, trust plans and the DOI.
MVI is one of the oldest and most experienced multi-state professional Trust contract administrators. Our staff consists of professionally trained Certified Public Accountants, Professional IT Management.
MVI is an innovative leader in plan administration and compliance for clients that provide Health and Welfare benefits through:
- Combined Employee/Management Trusts
- Non-union Health and Welfare Trusts
- Public Sector Trusts
- School District Health and Welfare Plans
- Charitable Organization Trusts
- Taxable Trust Funds
- PEO Trust Funds
- Prevailing Wage Plans:
- Walsh-Healey Public Contracts Act (PCA)
- McNamara-O’Hara Service Contract Act (SCA)
- Davis-Bacon Plans for State and Federal Contracts.
- Selection of ours 130/180 Hours by Craft
- Private Security Act
- Food Service Security Act
- Pre-paid Self-Directed Plans
- Small and Large Employer Self Funded, HRA, HSA Plans
MVI is particularly experienced in serving the complex management and administrative needs for ERISA/VEBA Trusts. As well as handling third party agreements, TPA and executing payroll record reviews where required by the DOL. While MVI offers no tax advice, Our CPA’s will refer out to qualified firms for clients.
MVI’s focus on the financial, systems and regulatory compliance of Health Care Reform provides our clients with comprehensive, timely and accurate services. The firm is uniquely skilled and qualified to handle the complex and diverse administrative needs of both large and small groups.
Our highly specialized staff includes professionals specifically trained as benefit consultants and administrators.
In addition, MVI Administrators, maintains Professional liability, errors and emissions, CYBER security insurance as well as PHI/HIPAA polices & ERISA Bonds.