Employers that sponsor their own self-insured health plans rely heavily on third-party administrators (TPAs) and pharmacy benefit managers (PBMs) to process claims, manage networks, control costs, and deliver programs that support a healthier workforce. Yet without deliberate and structured oversight, plan sponsors are vulnerable to heightened operational, compliance, and reputational risks that can erode financial…
Pursuing SOC 2 compliance for startups can feel overwhelming. Limited resources, evolving processes and the pressure to scale quickly and add complexity. Yet, for many early-stage companies, SOC 2 compliance is often a prerequisite for winning enterprise clients, securing funding and meeting contractual obligations. It’s not just a checkbox; it’s an opportunity to build operational…
Creating effective reports and dashboards in Microsoft Dynamics 365 Business Central involves a clear understanding of your business needs, leveraging built-in tools and optionally integrating with Power BI for advanced analytics. A well-structured Business Central report ensures stakeholders have access to the right metrics at the right time. Whether you are learning how to create…
Filing the Form 5500 is an important requirement to maintain compliance for employee benefit plans, and one of its components is the Supplemental Schedule of Assets Acquired and Disposed of Within a Year (Line 4i). Supplemental Schedule of Assets Acquired and Disposed of Within a Year (Line 4i) Requirements When is a Supplemental Schedule of…
Compliance with Form 5500 filing requirements is a critical annual responsibility. Among the many components of this filing, the Supplemental Schedule of Reportable Transactions (Line 4j) plays a key role in ensuring transparency and regulatory adherence. When Is a Supplemental Schedule of Reportable Transactions Required? When is a Supplemental Schedule of Reportable Transactions required to…
On August 15, 2025, the SEC’s Division of Investment Management issued Accounting and Disclosure Information (ADI) 2025-16, announcing a major policy shift for registered closed-end funds investing in private funds (CE-FOPFs). Overview of New SEC Guidance ADI 2025-16 Under the new guidance, SEC staff will no longer request that CE-FOPFs: This marks the end of…
The world of crypto has a wave on its hands—an IPO frenzy, to be precise. The public markets have been experiencing a significant influx of capital from investors in 2025 as many companies have IPO’d or SPAC deals have closed. There will be more deals to come, whether through IPO or a SPAC, as many…
Amid the growing complexity of the benefits landscape, self-insured health plans increasingly depend on third-party vendors to administer and manage essential services, from claims processing and pharmacy benefit management to stop-loss coverage and health center operations. For plan sponsors and trustees, these vendor relationships are governed by contracts that carry significant legal, financial, and operational…
Legacy systems are increasingly expensive to maintain, difficult to scale, and risky from both a security and performance standpoint. Traditional application modernization methods often require large teams, long timelines, and full rebuilds, making the process slow, disruptive and costly. Recognizing the need for a leaner, more iterative path, we set out to redefine what a…
The New Jersey Economic Development Authority (“NJ EDA”) has announced two concurrent tax credit auctions, running from September 2, 2025, through October 3, 2025. These auctions will offer tax credits under both the NJ Innovation Evergreen Fund and the Food Desert Relief Program, providing eligible taxpayers the opportunity to bid on credits that can be…