Featured Jobs
|
Pattison Pension
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
MAP Retirement
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Regional Vice President, Sales MAP Retirement
|
|
BPAS
|
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
Sentinel Group
|
|
Retirement Relationship Manager MAP Retirement
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
The Flurry Associated with Form 5500 Filings Is a Good Thing (PDF)
The ERISA Law Group 
Oct. 6, 2015
"Proper filing is perhaps even more important than ever ... [E]arlier this year, [EBSA] issued a lengthy report ... [which] criticizes the quality of many employee benefit plan audit reports ... [and] calls for changes in the process, and the laws, regarding audit report preparation.... [This] will undoubtedly bring increased focus and attention to the audit reports that plan sponsors file with their Form 5500s ... [and] lead to scrutiny of overall plan matters for plan sponsors who file sloppy audit reports. Second, the IRS recently announced that it is teaming up with DOL to identify employers who are required to file Form 5500s, but failed to do so.... The nonfiling issue raises an interesting question, which is whether a Form 5500 that is filed might be incomplete to such an extent that the IRS or DOL considers it to be delinquent, and thus subject to nonfiler penalties."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |