Affordable Care Report (United States)

The United States Affordable Care Report provides hours of service and full-time equivalent (FTE) calculations, to determine if the employer must offer minimum essential health care coverage mandated by the Affordable Care Act (ACA). The ACA uses the definition of 30 hours a week (or a total 130 hours per month) as full-time. To calculate the number of full-time equivalent employees the total number of hours of service (<than 120 /employee) for all part-time employees in a month is divided by 120. The Internal Revenue Service (IRS) defines employers which have 50 or more full-time and full-time equivalent employees as Applicable Large Employers (ALE) and therefore must file Affordable Care Act Information Returns (AIR) to the IRS. This report ensures correct full-time and full-time equivalent employee counts for potential audits.

 

 

See Reports for information common to all reports.

 

Affordable Care Report (United States) Templates
TEMPLATE	DESCRIPTION
Full-Time Equivalent Summary	Shows total hours of service, eligible hours, full time equivalents and average full-time equivalents for time period.
Full-Time Equivalent Detail	Shows hours of service, eligible hours, FTE and average FTE for each employee for time period.
Average Weekly Time by Employee	Shows the average hours of service per week grouped by employee.
Average Weekly Time by Employee/Week	Shows the average hours of service per week, first grouped by employee and then by week.