Tag: 5500

The disclosure forms have been updated for 2023 filings to be completed in 2024.

The disaster relief announcement provides significant leeway relating to PBGC deadlines and penalties for impacted employers and sponsors, both for single and for multiemployer plans. 

The relief includes relaxed rules for hardships and loans and relaxed deadlines for filings and disclosures.

A bill introduced to lawmakers directs the DOL and the Treasury Department to allow employers and sole-proprietors participating in retirement plans administered in the same way to file...

The Reporting and Disclosure Guide for Employee Benefit Plans was prepared by the IRS as a quick reference tool for certain basic reporting and disclosure requirements under ERISA...

The Form 5500 is a foundational document for all qualified retirement plan clients; advisers can expect the document to be shared among regulators for potential review. 

A look at the latest legislative, regulatory and judicial developments

The Plan Data Intelligence ReSource from ERISApedia.com offers “powerful online data mining of the most current Form 5500 filings.”

As long as plan sponsors make (and document) a reasonable effort to locate missing participants and benefices, they can leave alone Lines 4I of the Schedule H and...

The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers. 

The Puerto Rico Treasury Department recently changed the annual reporting requirements for employer-sponsored retirement plans.

Instructions from the IRS now tell plan sponsors to skip them.

EPCU projects are a kinder, gentler way to ensure retirement plans comply with regulations.

Also extended is a provision in prior pension reform allowing over-funded pensions to use their excesses to fund retiree health and life insurance benefits.

The Form 5500 filing deadline is July 31 for calendar year-end retirement plans.

A study by the DOL has alerted the AICPA to some issues with retirement plan financial audits.

The IRS revealed Form 5500 errors it found during various compliance projects, which could cause a plan to be selected for a compliance check.

The launch of ERISApedia.com provides retirement plan sponsors, administrators, attorneys and advisers with easy access to compliance information and important retirement industry materials.

The complexity of testing a plan can be one way to justify higher fees, says an ERISA plan administration business development specialist.

Retirement plan advisers get a glimpse of any changes in Form 5500 filing requirements from the newly released...