Welfare plan merger @ eoy - how to file final 5500

[TPApril]

Welfare Plan, covering a division of larger employer, terminated on 12/31/16 and brought into the larger plan effective 1/1/17, according to the plan resolutions. 

So at 12/31/16 there were participants in the original plan but at 1/1/17 there were none.

Is this how to finalize the 5500 - For 2016 include all Schedule A's to show premiums, commissions, etc., but show zero participants? If they file a 2017 5500, the beg of yr count is zero.

 

[david rigby]

Terminating?  Merger?  Usually those mean different things.  Which do you mean?

I can provide my 5500 experience with a DB merger: plan document(s) stated merger was effective 12/31/08; the surviving plan 5500 showed the combined plan participant count and assets at EOY; the plan non-surviving plan showed "final filing" and zero participant count and zero assets at EOY.

Result: happy auditor, and no IRS/DOL questions.