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I'm Late! I'm Late! For a Very Important Form 5500 Date!
Ferenczy Benefits Law Center
[Guidance Overview] Sept. 24, 2019 "Name a way that plan sponsors traditionally make mistakes and blow the Form 5500 deadline: [1] Completely ignores communications from service vendor; [2] Doesn't get started early enough on mandatory audit; [3] Starts audit, but finds major problems and can't fix them timely; [4] Has an owner-only plan and doesn't realize it needs a Form 5500; [5] Change of personnel causes communication breakdown.... The good news here is that, even when a Form 5500 is not filed timely, there is an easy way to fix the problem." MORE >> |
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