KJohnson Posted January 9, 2001 Posted January 9, 2001 Employer with several hundred employees has group term life with one insurer and has been filing its 5500s. The employer is adding optional 100% employee paid group term life with another insurer. What is the general practice: 1) Take the position that the OGTL is not a Plan and simply ignore it for 5500 purposes. 2) Assign the same Plan number for the OGTL as you do for the GTL (even though they are through separate insurance companies) and treat it all as one Plan and simply include two Schedule A's. 3) Get a separate plan number for the OGTL and file a separate 5500. 4) Other?
KIP KRAUS Posted January 9, 2001 Posted January 9, 2001 I vote for N0.2. In our case that's the way we do it.
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