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Schedule J of the Proposed Form 5500 Means Increase in Data Collection and Preparation Costs
ERISAdiagnostics, Inc.
[Guidance Overview] Oct. 3, 2016 "If the proposed revisions to the Form 5500 are accepted, Schedule J will be a new addition to the Form 5500 Schedules for group health plans covered by Title I of ERISA. The amount of information requested is staggering. Schedule J will have to be filed by all health & welfare plans; the less than 100 participant exception goes away.... The Schedule J will provide information regarding contributions, claims, benefit structure and compliance information[.]" MORE >> |
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