Chippy Posted October 8, 2014 Posted October 8, 2014 Can a plan file the form 5500- SF if they hold a Partnership as one of their assets for the 5 key employees? It is valued annually.
Lou S. Posted October 8, 2014 Posted October 8, 2014 No. You need 100% in qualifying assets to file SF. see page 2 of instructions http://www.dol.gov/ebsa/pdf/2013-5500-sfinst.pdf You'll need to file 5500 (probably with schedule I) and you may have increased bonding and disclosure to avoid an audit.
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