Schedule H Reporting

[Guest Joseph Corona]

If a first year plan has greater than 100 participants as of the beginning of the plan year, is this company required to file a Schedule H or can they opt to file a Schedule I until they reach 120 participants?

[Tom Poje]

the rule is that you can file the same schedule as you did the year before as long as you are under 120 ees. Since it is the first year, you did not file a schedule I the year before, so you appear to be stuck with the 'preperation' H