Form 5500 (Welfare Plan) Policy Year Change

[Inquisitive One]

An employer's plan year is 10/01 - 09/30. However, their medical and life policy year changed to 12/01. How do I report this on the Schedule A? The system that we use will not accept the policy year because it extends beyond the plan year end date. I really hope my question makes sense. Thanks in advance for the help and advice.

[Bill Presson]

Generally welfare filings would include schedules A for policy years that end with or within the plan year. So the last year it's on a 9/30 year end, that schedule A is included. Your next plan year ended 9/30, you would include the 11/30 policy year end schedule A.

[Inquisitive One]

Thanks for your response. My problem is that the insurance company will only provide the Schedule A information for the policy year (12/01 - 11/30) and the filing system we use will not let me include the information from 10/01 - 11/30. The filing system flags it as "outside the plan year". It is making me nuts!!! Again, many thanks for help.