"Each form's instructions include a Changes to Note section highlighting important updates to the forms, and schedules and instructions for 2025 including the following changes in Form 5500 and Form 5500-SF:

• New plan characteristic codes, 1J, 1K, and 1L added to Form 5500 for use in identifying multiemployer defined benefit plans terminated as a result of mass withdrawal, plan amendment or insolvency.
• New plan characteristic code, 1G, added for use on both forms to identify defined benefit plans that use a variable annuity benefit formula.
• Existing plan characteristic code 1H modified on Form 5500 to clarify that it applies only to terminated single-employer PBGC-covered plans.

Plan administrators should not use informational copies to file a 2025 Form 5500 Series Annual Return/Report."  MORE >>