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Change in Control 5500?


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Guest LVanSteeter
Posted

Has anyone heard of a Change in Control Form 5500?

Posted

Sort of, we have a bunch of severance/CIC plans and we file 5500s for them.

JanetM CPA, MBA

Guest LVanSteeter
Posted

So, what does it report? I can't find any information. . .

Posted

Basically all you file is the 5500 form. The code for 8b is 4I (serverance) and then you fill in line 6 with last years counts (all eligible at end of last year) and 7a with all eligible on current last day. The other lines on 7 are blank unless the CIC has taken place and you have folks receiving benefits.

JanetM CPA, MBA

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