Basically Posted April 24 Share Posted April 24 Title says it all... the first year of the plan the only employee with 1,000 hours is the owner. File a form 5500-EZ and then the following year switch to a 5500-SF? Link to comment Share on other sites More sharing options...
CuseFan Posted April 24 Share Posted April 24 Basically, I think you are correct - EZ and then SF. rbr, I think it's the nature of participants (not employees) for EZ, having non-participating employees doesn't take you out of that. There is even a plan characteristic code for the situation where the "one-participant" plan relies on aggregation with another plan of the employer to satisfy coverage. Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com Link to comment Share on other sites More sharing options...
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