Form 5300 for Multiple Employer Plan

[Guest wendycatherine]

Does anyone know how to fill out Form 5300 for a multiple employer plan? The instructions say to fill out one form omitting line 3 and to fill out another form for each other employer (only lines 1-8, optionally 13-14 and Schedule Q). This makes no sense. I called the IRS and was told "line 3" was a typo - it should be "line 13." This still makes no sense. It makes some sense that one 5300 is for the plan and the others are for each employer, but the questions are still repetitive and how is each employer indicated? By putting them in line 1a "name of plan sponsor"?

[Guest lforesz]

Hi,

I feel your pain. Those are the most poorly worded instructions for multiple employer plan filings I have ever seen. I even went to the FAQ on the IRS website and still cannot get a straight answer.

I think that I am goint to submit one full 5330 not omitting any questions. It appears that you only need to submit additional Forms 5330 for the other employers if they want their own letter which we won't do.

However, it still looks like we have to report 2 employers on the Form 5300 line 7(e) and the 8717 and pay the $700!

Did you find anything more definitive on this? I really would really appreciate it if you could let me know.

Thanks

Lori