SB deadline when under $250,000

[Bri]

Just wondering -

If the plan isn't going to actually file a 5500-EZ because the assets are less than 250,000,  does the Schedule SB still have any 7/31 or 10/15 signature deadline for the actuary?

The 5500-EZ and 5500 (Schedule SB) instructions don't actually seem to indicate that affirmatively.  Only that it be retained by the plan administrator.

Thanks....

-bri

[Effen]

Our policy is to create and sign the SB before the due date, then send it to the sponsor and tell them to keep it in their file.  We also keep a copy in our files.

[david rigby]

I think the waiver of filing is a regulatory statement, not a statute.  In that case, there is no change to the requirement to timely make and document any plan contributions.  The SB is part of that process.  In other words, follow Effen's advice.