Grendel77 Posted July 24, 2014 Posted July 24, 2014 So the sponsor's EIN is listed on the 5500. The Plan's EIN is listed on the premium filings. On the premium filing, there's a question that says, (not verbatim): If the EIN or PN on last year's 5500 is different from what's listed here, report the EIN and PN that was on the 5500 and explain. I've always left that blank, because my pea-brain always interpreted it as "if the plan's EIN is different on the 5500...". So now the client and I get an email from the PBGC because the 5500 indicated the plan was covered but they couldn't find the (sponsor's) EIN in their system and they want amended premium filings going back 3 years... Am I the only one that made this mistake? Is this even a mistake (yeah, i know it is, but it just seems sooooo stupid) Is the PBGC sending out thousands of these notices?
Lou S. Posted July 24, 2014 Posted July 24, 2014 We've always used the Sponsor ID and not the Trust ID in PBGC filings.
Effen Posted July 25, 2014 Posted July 25, 2014 ditto The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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