Another 5500 question

[Guest Wislndixie]

I understand that the FSA component of a cafeteria plan is an underlying benefit subject to form 5500 filing if there are over "100" particapants. My question is what defines a participant. Suppose you have a Cafeteria plan with an FSA and of the employees, 70 are pop only, and 50 are pop & FSA. That's 120 total employees in the plan, but in actuality, only 50 are participating in the FSA component. So for filing purposes would this group only have 50 participants or 120 participants?

Thanks

Wisln

[Guest b2kates]

If I understand your scenario, you have a total of 120 covered in the medical insurance and 50 in the FSA

That would mean that the 120 health insurance would need to file, but the fsa would not.

[Guest Wislndixie]

If I understand your scenario, you have a total of 120 covered in the medical insurance and 50 in the FSA

That would mean that the 120 health insurance would need to file, but the fsa would not.

Yes that's correct. 120 enrolled in the medical insurance. 50 enrolled in the FSA component and 70 in the POP.

[jmor99]

I agree with B2kates.