5500 for multiple employer 125 Plan.

[KJohnson]

Does a multiple employer 125 Plan use the same "333" plan numbering system that you use for multiple employer pension plans? Do you use one form for the plan using the "333" numbers and then separate forms for the employers using the 500 numbers.

[Kirk Maldonado]

What is your authority for using a 333 number for a multiple employer plan? For example, the instructions to the Form 5500 say to use 001, etc. for pension plans and 501, etc. for welfare plans. I've never heard of using a 333 number, and I'm interested in the authority for that numbering sytem.

[This message has been edited by Kirk Maldonado (edited 04-21-2000).]

[KJohnson]

Look at the 5500 instructions for multiple employer plans which, on the pre-1999 forms, appear to require the 333 numbering system for all multiple employer plans.

From the instructions for the new form it looks like they are limiting the 333 numbering system only to multiple employer pension plans.

[Kirk Maldonado]

I found it. Thanks.

[KJohnson]

Just talked with the IRS, they said at one time they had a 777 code for multiple employer welfare plans but now you only need one 5500 return for the entire multiple employer plan using the 500 series as the plan code. There is no need for separate 5000 forms for each sponsoring employer as you do with pension plans. I am not sure how you "pick" among the employer to use for the sponsor of the plan.

[JWK]

Am I the only person who, before reading this thread, thought that there was no such thing as a multiple employer 125 plan?

[KJohnson]

My situation involved a "controlled group that wasn't" and amending the filings to reflect the actual status of the employers.