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Filing form 5500 for plans with zero assets


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Guest Jane Freeman
Posted

If a plan is established (signed document) but no contributions are made during that first plan year, is a form 5500 required to be filed? I have heard that a 5500 is not required if there are no plan assets but I have never seen it in writing. Any help would be appreciated.

  • 2 weeks later...
Posted

I'd vote "yes". I think that you file from the effective date of the plan until all the assets are distributed. Clearly, on the back end you stop filing when there are no assets left. But my interpretation of the instructions would be on the front end of the plan's life you file as soon as you have a plan--not as soon as you have assets.

RCK

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