Trial balance. At the end of the accounting period (which may be a month, quarter, or year depending on a businessâs practices), you calculate a trial balance. Worksheet. Unfortunately, many times your first calculation of the trial balance shows that the books arenât in balance.
The terms employee welfare benefit plan and welfare plan mean any plan, fund, or program which was heretofore or is hereafter established or maintained by an employer or by an employee organization, or by both, to the extent that such plan, fund, or program was established or is maintained for the purpose of providing for its participants or ...
DEFINITION of 'Multiple Employer Welfare Arrangement - MEWA' An arrangement where a group of employers pool their contributions in a self-contributing benefits plan for their employees. The employers make contributions into the plan based on the number of employees they have and the estimated costs associated with each employee.