{"data":{"id":"us-ri/r.i.-gen.-laws-5-75-8","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 5-75-8","heading":"Benefit plans.","body":"(a) A client and a PEO shall each be deemed an employer for purposes of sponsoring retirement and welfare benefit plans for its covered employees.\n(b) A fully-insured welfare benefit plan offered to the covered employees of a single PEO shall be considered a single-employer welfare benefit plan.\n(c) For purposes of determining employer status under chapter 50 of title 27 (entitled the Rhode Island Small Employer Health Insurance Availability Act), a PEO shall be considered the employer of all of its covered employees and all covered employees of one or more clients participating in a health benefit plan sponsored by a single PEO shall be considered employees of the PEO.\n(d) If a PEO offers to its covered employees any health benefit plan that is not fully-insured by an authorized insurer, the plan shall:\n(1) Utilize a third-party administrator licensed to do business in this state;\n(2) Hold all plan assets, including participant contributions, in a trust account; and\n(3) Provide sound reserves for such plan as determined using generally accepted actuarial standards.","path":["Title 5 Businesses and Professions","Chapter 75 Professional Employer Organizations Act of 2004"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE5/5-75/5-75-8.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T16:36:49Z","sha256":"7b33abccfe8a5e4b65db558be60cb66091341dc5a8f6ce7cb5c489f7be7c2165","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-5-75-7","next":"us-ri/r.i.-gen.-laws-5-75-9"},"notice":"GroundRules: Original legal text. Not legal advice."}