Client administrators have two year-end reports available to them through MyEnroll.com’s Report Generator module.
To access the Report Generator, log into MyEnroll.com with your administrator user ID and password. After you have logged in click on “Access Report Generator” in the left toolbar. The reports are grouped in categories in MyEnroll, making it easy to locate the desired report. A client administrator can generate a report online and can also export the report to an Excel file.
Below are two year-end reports that administrators may find useful.
W2 Reporting–Cost of Employer Sponsored Health Coverage
Description The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan on an employee’s Form W-2. The report generator tool in MyEnroll allows administrators to run a report identifying both the employee and the employer cost of coverage for a calendar year. The report is located under the heading “Premium Reports.
How to Access
1. Select Report Generator from left-side menu
2. Select Premium Reports Category
3. Select which W2 Report you wish to generate
Group Term Life Insurance
Description Employer-paid life insurance in excess of $50,000 is considered taxable income to employees. Employers must identify the cost of excess employer-paid life insurance coverage and recognize the amount in an employee’s income. The report generator tool in MyEnroll allows administrators to run a report identifying employer-paid life insurance amounts for active employees. This report can be helpful for identifying the amount of taxable income that should be imputed to an employee.
How to Access
1. Select Report Generator from left-side menu
2. Select Premium Reports Category
3. Select the Life >50K imputed Income Report
