5500 COUNT ON FORM 5500

[ratherbereading]

On the Form 5500-- I have a DC plan. What is the difference between Line 6(b) Retired or separated participants receiving benefits and Line 6© Other retired or separated participants entitled to future benefits?

Thank you in advance!

[My 2 cents]

On the Form 5500-- I have a DC plan. What is the difference between Line 6(b) Retired or separated participants receiving benefits and Line 6© Other retired or separated participants entitled to future benefits?

Thank you in advance!

Line 6b = terminated participants receiving benefits (i.e., retirees), line 6c = terminated participants not yet receiving benefits (i.e., terminated participants with deferred vested benefits).

This is exactly the same for DB and DC plans.

[Tom Poje]

probably more common with DB plans but basically- 6b ee is receiving an annuity

6c ee hasn't received anything

I believe (though I could be wrong) for DC plans Relius treats anyone who is terminated and has received a distribution of some type as 6b and terminees who have received nothing as 6c

hence, if someone has received a minimum distribution or a partial distribution they show on 6b

I don't think I would lose sleep over it!