Compliance Tracker Newsletter May 2025

Compliance Reminders

Employers should regularly review their compliance with federal, state and local employment laws. During 2025, this review may include:

Preparing to file an annual report (Form 5500) for employee benefit plans unless a filing exemption applies. For calendar-year plans, the Form 5500 deadline (without extensions) is July 31, 2025;

  • Ensuring that employee performance reviews are being conducted on schedule and in accordance with established procedures;
  • Monitoring any changes to state and local leave laws and confirming employee leave policies are consistent with current requirements;
  • Scheduling any required workplace training, such as sexual harassment training;
  • Reviewing new guidance from the U.S. Equal Employment Opportunity Commission and the U.S. Department of Justice on illegal and discriminatory diversity, equity and inclusion (DEI) practices. The guidance provides some clarity as to the agencies’ position on what may constitute illegal DEI practices; and
  • Monitoring the status of the U.S. Department of Labor’s (DOL) new overtime rule, which significantly increased the salary threshold for an overtime exemption under the federal Fair Labor Standards Act but was vacated nationwide by a federal court in November 2024. Although the DOL has appealed this ruling, it is uncertain whether the agency will change direction under the new presidential administration.

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