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Posted

It has been 15 years since I have done a 5500 filing for a Welfare Plan. (only retirement plans).

Could someone tell me: when reporting total employees, total participants eligible and total employees participating on Schedule F (125 Cafeteria Plan) should this total correspond to the total active participants on the Form 5500. The numbers I have been given for the 5500 count, the Schedule F count and the count on each of the Schedule A's is different..

Hope I don't sound too stupid. Any insight would help.

Marybeth

Guest Carolyn Barnard
Posted

Schedule F is no longer required. The IRS suspended the Code Section 6039D filing requirement in April of 2002. Therefore, if the sole reason for filing on the cafeteria plan was to meet that requirement, neither the 5500 nor the Schedule F need be filed. If there are underlying ERISA requirements, then you would need to complete the 5500 and related schedules accordingly...just no Schedule F.

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