Compliance & Tracking
Always audit-ready. Never scrambling.
CVRD gives you real-time fringe tracking, DOL audit-ready documentation, and penny-level visibility into every employee's H&W obligation. No spreadsheets, no manual reconciliation.
See How It Works
The problem
Most DOL inquiries are initiated by employee complaints.
Someone wants to know where their H&W dollars are going and no one can give them an answer. Fringe obligations across multiple contracts and wage determinations are being tracked in spreadsheets, employees have zero visibility, and when DOL comes knocking you have 10 days to produce records that may not exist in a usable form.
DOL enforcement data
- $37MIn SCA back wages issued in 2025
- 387Compliance actions · 16,902 employees affected
- 7-yearData retention requirement under SCA
What CVRD tracks
Fringe obligation per employee, per contract, per wage determination, in real time
H&W allocation and spend tracked to the penny
Cushion reserve balance (proprietary excess fringe handling)
Auto fringe distribution within the SCA 90-day window
What it holds up
CVRD's reporting structure is built around real DOL audit experience.
Documentation is always current and structured the way auditors expect it.
CVRD does not hold your money.
CVRD ensures you keep your capital in your control until it goes directly to a carrier or retirement contribution.
We just got a DOL inquiry. What can CVRD produce, and how fast?
For clients on the platform, the records already exist in the format auditors ask for: per employee, per benefit month, per pay period. Producing them is an export, not a reconstruction project. That matters because a DOL request typically gives you about ten days, which isn't enough time to rebuild history from payroll files and spreadsheets. We also retain seven years of data, which is what SCA requires.
Can CVRD calculate which hours require fringe and apply the fringe rate?
CVRD applies your current fringe rate against each employee's applicable paid hours to produce a monthly Wallet total that matches their timesheet. No more reconciling it across a stack of spreadsheets. If something needs adjusting, the platform recalculates the fringe owed and any resulting payout or deduction immediately, so a correction in one period doesn't turn into manual cleanup that bleeds into the next.
Can we use CVRD for compliance tracking only, without changing our plans or carriers?
Yes. Compliance and fringe tracking stand on their own. They sit on top of whatever plans, carriers, and broker relationships you have now, and don't touch your renewal cycle. A number of clients start there and add benefits administration later, if and when the time is right.
