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5500 filing


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Posted

Is there any reason why a 5500 could legally not be filed (long or short form), such as less than a certain # of employee or participants. Thanks.

Posted

Check out the instructions to Form 5500 EZ. You can download a pdf version at the IRS web site...

click here

[This message has been edited by Fredman (edited 11-19-1999).]

  • 3 weeks later...
Posted

The only exception to a 5500 filing is in the case of of plan covering an owner, and owner and spouse, or plan covering only owners and spouses if less than 100K in assets.

Any other scenario requires 5500s.

As a practical matter, on a defined benefit plan, I always do the 5500EZ because the Schedule B is required. Instructions to the Schedule B do not say anything about a plan for an owner, owner and spouse, etc. as being exempt from filing a Schedule B.

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