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Posted

A very large PEO that files as a DFE - GIA does not provide the SAR to those who are participating. The participating employers are concerned of being out of compliance for the Plan participants. Has anyone had a remedy such creating their own SAR even though they did not prepare the 5500 or have the Schedule As from the carriers? Has anyone heard of any consequences for the participating employers? Many thanks for your assistance. 

Posted

Read carefully all documents governing the plan AND all agreements between the worksite employer and the professional employer to discern whether they agreed that the worksite employer is responsible to deliver the summary annual report (and perhaps some other plan-administrator communications).

This is not advice to anyone.

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

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