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Posted

It is a Solo 401(k) plan. Both the husband and wife have contributed in the past, but in the past year, just the husband. The balance got over $250K so now they need a 5500-EZ. For the purposes of the form, Part II, Questions 5, what is the number of participants and active participants?

Posted

Thanks for the reply!

I should have been more clear. Not only has the spouse not contributed, but she doesn't work for the company either.

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