Form 5500 Sponsors name change after close of pye

[Guest EDSAADE]

Company "x" sponsors plan "plan of x". February 1, 2002 "x" changes name to "y" and plan name to "plan of y".

What sponsor name and plan name should be used in completing Form 5500 for the 12/31/2001 pye? For SAR?

Form 5500 instructions:

Line 2a.

1. Enter in the first two rows of boxes labeled 1) the name of the plan sponsor or,.....

The term "plan sponsor" means:

· The employer, for an employee benefit plan that a single employer established or maintains, and for a fringe benefit plan;

Line 4. If the plan sponsor's or DFE's name and/or EIN have changed since the last return/report was filed for this plan or DFE enter the plan sponsor's or DFE's name, EIN, and the plan number as it appeared on the last return/report filed.

[JohnCheek]

I don't think DOL will care if you report the name change on the 2001 or the 2002 report and SAR. DOL primarily uses the EIN and plan number to identify the plan.

However, reporting the change on the 2002 5500 and SAR is probably more technically correct.

[Guest EDSAADE]

Thanks John. I'm in agreement that DOL and IRS dont care. Although it makes more sense to file with new name/address/plan name since IRS and DOL will use that information if issues should arise. I have filed both ways and it has not been an issue.