Wolters Kluwer Legal & Regulatory U.S., the market's leading provider of content and solutions for pension and employee benefits professionals, today announced a record season of success and growth for Wolters Kluwer Legal & Regulatory's ftwilliam.com Form 5500 software.
This year, ftwilliam.com experienced a 12.5 percent increase in total accepted filings year over year. With the vast majority of the largest TPAs in the country, including 8 of the 10 largest firms, and two of the Big Four accounting firms, ftwilliam.com now accounts for more than 30 percent of all filings for this form – the largest percentage of all online filing service providers.
"ftwilliam.com's Form 5500 module is overwhelmingly the best 5500 software I have ever used. It is the best value for the money and it is very easy to train new staff on. ftwilliam.com was absolutely fantastic in successfully guiding us through this 5500 season," said Louis LiBrandi, Principal in charge of the employee benefit tax practice at PKF O'Connor Davies, LLP, a top accounting and advisory firm. "The ease of use and reliability of the software combined with timely responses we receive from the ftwilliam.com's customer support and technical staff goes above and beyond my expectations."
"Wolters Kluwer is well known as a provider of market-leading resources for form and document software solutions for pension and employee benefit professionals," said Dom Cervi, Vice President of the Corporate Compliance Unit at Wolters Kluwer. "With the end of a landmark Form 5500 filing season, and a variety of new customers choosing ftwilliam.com, it is clear that our portfolio is reaching new heights. We look forward to continuing to enhance our customers' access to expert content and integrated workflow solutions."
The Form 5500 Series was jointly created by the United States Department of Labor, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation and provides for the annual reporting required of certain ERISA plans. ftwilliam.com's Form 5500 Software Module is a market leader in respect of the number of annual Form 5500 filings completed using the ftwilliam.com software, user experience and customer support. ftwilliam.com is one of the first vendors to release the 5500 forms and updates annually, allowing practitioners to get an early start on completing the forms and is known throughout the industry for its outstanding product support.
To learn more about ftwilliam.com, visit: wolterskluwerlr.com/ftwilliam.
About Wolters Kluwer Legal & Regulatory U.S.
ftwilliam.com offers employee benefits professionals fully web-based software that streamlines tasks in the areas of government form filings, including Form 5500, retirement plan document generation and annual compliance testing. The software's usability and integration – ensuring the seamless flow of data between modules – drives more efficient filing processes, saving professionals time and money. The software is provided by Wolters Kluwer Legal & Regulatory U.S.
Wolters Kluwer Legal & Regulatory U.S. is a part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
For more information about Wolters Kluwer Legal & Regulatory U.S., visit lrus.wolterskluwer.com, follow us on Facebook, Twitter and LinkedIn.