Form 5500

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Form 5500

A form a plan administrator files with the IRS to report information on the retirement plans offered to employees. This form is filed in order to ensure compliance with the Employee Retirement Income Security Act.
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com), a leading provider of Retirement and Health & Welfare Plan Sponsors data, to provide Broadridge clients with detailed information about plan sponsors found in publically reported DOL/IRS Forms 5500.
37) For that same year (2008) there were 7352 Forms 5500 filed by DFEs.
Eligibility: To participate in the DFVCP, two sets of Forms 5500 must be filed.
To help with the transition to the new EFAST system, the DOL will not reject any 1999 forms 5500 solely because the filer submitted it in whole or in part on an unofficial computer-generated version of the hand print form.
The Service is also looking for the appropriate filing of Forms 5500 for the plans being reviewed.
The new form replaces the old Forms 5500 and 5500C/R, Annual Return/Report for Employee Benefit Plan (With fewer than 100 participants).
Pencil Pushers is releasing its 32-bit Windows 95 version for corporations (including the forms 5500 and 990, but not the 1120s) and states for 1996.
Annual information returns required of employer sponsors of qualified pension and profit plans, Forms 5500, 5500C/R and 5500EZ, may be filed during Special Assistance Week for Nonfilers.
As a result of the new scanning system, taxpayers are being inundated with rejected Forms 5500 and deficiency notices.
For example, a bank may offer four different CCTs to its retirement plan customers; many local businesses may invest their retirementplan assets in these CCTs When the bank files four Forms 5500 (one for each CCT), any plans subject to a financial audit will have significantly fewer disclosures required on filing.
Recognizing that these onerous penalties often prevent plan sponsors from filing late Forms 5500, the DOL initiated a Delinquent Filer Voluntary Compliance (DFVC) program last spring.
27, 1995, the DOL released its long-awaited DFVC Program, providing for reduced penalties for plan sponsors who voluntarily file late Forms 5500, Annual Return/report of Employee Benefit Plan (with 100 or more participants), for plan years beginning after 1987.