ACA Compliance for Retail Businesses
Struggling to manage ACA compliance amidst fluctuating retail schedules and diverse employee types? Discover how ACA-Track can streamline your compliance processes, ensuring your retail business stays compliant with the Affordable Care Act.
Comprehensive Tracking of All Employee Types
Retail businesses often employ a mix of full-time, part-time, and variable-hour workers. ACA-Track seamlessly collects actual hours worked from multiple sources, including timekeeping systems, manual timesheets, automated time clocks, mobile device entries, and payroll systems. This ensures accurate tracking for all employee categories, crucial for maintaining compliance.
Accurate FTE Calculation and Benefit Eligibility Alerts
Understanding your Full-Time Equivalent (FTE) count is vital for ACA compliance. ACA-Track provides an ACA Full Time Employee Calculator to accurately determine your FTEs. Additionally, the platform monitors eligibility thresholds and sends advance alerts when they are exceeded, helping you manage employee benefits proactively.
Seamless Integration with Payroll and HR Systems
Integrate ACA-Track with any payroll system or HRIS effortlessly. This integration allows for real-time data synchronization, ensuring that all employee hours and benefits information are up-to-date and accurate, reducing the risk of compliance errors.
Automated 1094-C and 1095-C Reporting
Generating and filing IRS forms can be time-consuming and error-prone. ACA-Track automates the creation of Forms 1094-C and 1095-C, handling e-filing with the IRS using your Transmitter Control Code (TCC). This automation ensures accuracy and compliance, minimizing the risk of penalties.
Dedicated Support and Audit Assistance
With ACA-Track, you receive exceptional client support from a dedicated account manager. Whether you encounter data issues, need assistance with IRS corrections, or face an audit, ACA-Track provides the necessary support to navigate and resolve compliance challenges effectively.
Secure and Reliable Data Management
Your data’s security is paramount. ACA-Track’s cloud-based data center is SSAE 16 SOC 2 Type 1 compliant, ensuring that your personal and employee data is encrypted and securely managed. All data transfers occur via HTTPS, safeguarding your information against unauthorized access.
Customizable Dashboard for Enhanced Visibility
Customize your ACA-Track dashboard to display the data fields most relevant to your retail business. With features like filtering, sorting, and grouping, you can efficiently monitor your ACA compliance status and make informed decisions based on real-time data insights.
Efficient Error Detection and Correction
ACA-Track performs data integrity checks on all data loads, detecting and aggregating errors for easy review and remediation within the software. This streamlined process eliminates the need for multiple data uploads and ensures that your compliance data is accurate and up-to-date.
Support for Multiple EINs and Coverage Groups
Retail businesses with multiple Employer Identification Numbers (EINs) or various coverage groups can rely on ACA-Track’s robust data validation and Coverage Group features. This ensures that your data is correctly mapped and reported, regardless of the complexity of your business structure.
Learn More About ACA Compliance
Understanding ACA compliance is essential for retail businesses with 50 or more full-time employees. Visit our FAQ page to learn more about what ACA compliance entails and how ACA-Track can help your business stay compliant.
About ACA-Track
ACA-Track, developed by PSST, offers a proven solution for ACA compliance tailored to the needs of retail businesses. With over 30 years of experience in HR, finance, payroll, and benefits data management, PSST ensures that ACA-Track provides reliable and efficient compliance tracking and reporting.
Get Started with ACA-Track
Ready to simplify your ACA compliance? Explore our ACA Tracking and Reporting services to find the plan and pricing that best fits your retail business needs. Contact us today to work with a dedicated Client Success Advisor and ensure your business remains compliant.