Jump to content

Recommended Posts

Posted

I had been told a long time ago that we needed to get an EIN# specific to the plan and not use the employers on the Form 5500.  Is this no longer the case?  One of our clients got a notice and it would appear that we should be using the employer's EIN# to file the Form 5500.

Sorry if it's a silly questions, just wanted to confirm.  Thanks in advance!

Posted

The form calls for the employER id number.  It is sometimes advisable to get a separate plan id number, e.g. if the plan is not on a platform and you need to report distributions on Form 1099-R.  We used to put the plan number on Schedule P but that is long gone/showing my age.  I think the only place now the plan id number would appear on a 5500 form is Schedule R.

Ed Snyder

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use