PMC Posted December 6, 2000 Posted December 6, 2000 What is the procedure for filing 5500s for merged plans in the following example - 3 plans with the same plan years (1-1) intend on merging effective 1-1-01. Separate testing and 5500s would be completed for each of the 3 plans for their respective 12-31-00 plan year end. Do you then have to complete a final 5500 for each of the 2 merging plans (#1 and #2) for January 1, '01 (a 1 day 5500) reflective of the fact they have merged into plan #3? Or is there a procedure or some permissable method of doing the 2000 Form 5500 for these merging plans (1 & 2) and attach a statement saying they are merging into plan #3 on 1-1-01?
Guest Emiliano Posted December 7, 2000 Posted December 7, 2000 A final filing would have to be made for the two plans. Whether it is a year 2000 filing or a one day 2001 filing depends on when the assets and participants were legally transferred.
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