Can a new Plan have a Short Year End?

[Guest C.Wendt]

On Form 5500 question B Part 1. Plan is new. Effective date of plan is Feb 2000. Plan has elected 12/31/2000 as the plan year end. Would you check off box B(1) first return and b(4) short plan year or Just Box (1)

[wmyer]

Yes,if the plan is effective 2/1/2000 and ends 12/31/2000, you would have a short plan year and would check box B(4).