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5500 - Do I Need to File


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Guest Suzebp
Posted

If I have an office in Buffalo, NY with only 4 employees, do I still need to file a 5500?

Posted

Do you sponsor some type of retirement or welfare plan?

Are the employees eligible participants in said plan?

...but then again, What Do I Know?

Guest 5500Tax Group, Inc.
Posted
If I have an office in Buffalo, NY with only 4 employees, do I still need to file a 5500?

Small employers are required to file a Form 5500 if they offer a qualified (retirement plan) to their employees. There are some exceptions to the rules of course. If you only offer welfare benefits (i.e. health coverage), there is no filing requirement unless these benefits are funded through a trust (which is probably not the case).

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