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plan #'s


Guest beckyhummer

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Guest beckyhummer
Posted

i have an employer a with several plans (plan # 1 -5). in 2000, they acquired a new company with a plan (plan #1) which employer a will sponsor. what plan # should i use on the 2000 form 5500? #6?

Guest Ray Williams
Posted

The plan number is an extension of the Plan Sponsor's EIN, therefore if a sponsor takes over the sponsorship of a plan, it will use the next sequential number. The plan number used by the prior sponsor is not relevant.

Posted

But keep a record of the change, and make sure the plan sponsor, attorney, auditor, TPA, actuary, etc. all receive a copy.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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