403 (b) plan and 5500

Hi, 

When a 403(b) plan is terminating is there an exception they need not do 5500? example if the plan was set up in 2005 and has only 1 participant will a 5500 be required once the plan goes to zero?

Thanks

Assuming the discontinued plan otherwise is one for which the plan’s administrator must file a Form 5500 report, I’m unaware of an exception that would apply because the count of participants is few, even as few as one.

A plan isn’t ended until all counts and amounts are zeroes.

So I believe a 5500 is required?