5500-EZ Line 10(i)1

[emmetttrudy]

Plan terminated in 2008, so the final actuarial valuation was performed for the 2008 plan year. However, the assets were distributed in 2009, so we are preparing a Form 5500-EZ for the 2009 plan year. For Line 10i(1) "Is this a defined benefit plan subject to minimum funding requirements" is the correct answer Yes or No? It is a defined benefit plan but it is no longer subject to minimum funding requirements, especially in the 2009 plan year. The directions indicate if you check Yes then you must have a Schedule SB. But there won't be a Schedule SB for 2009, none is required. So would the correct answer be No?

[chc93]

We had 2 plans with 12/31/07 plan termination date, with all assets from both plans distributed in 2008. We filed the 2008 Form 5500-EZ for both plans with Line 10i(1) as "No". One plan was filed in June 2008 using the 2007 form with 2008 dates. The other plan was filed in March 2009 using the 2008 form. So far, no inquiries.

[emmetttrudy]

thank you, that's what we did as well.