Does your TPA partner or plan sponsor client seem a little grumpy these days?
Well, in case it’s slipped your mind, July 31 is the deadline for filing Form 5500 for December 31 calendar year plans.
The Form 5500 (affectionately known as the “Annual Return/Report of Employee Benefit Plan”), along with a variety of required schedules and attachments, is, of course, used to report information concerning employee benefit plans and Direct Filing Entities (DFEs). Any administrator or sponsor of an employee benefit plan subject to ERISA must file information about each benefit plan every year.
In other words, July 31 is the April 15 of the qualified plan world.
While it is perhaps a little late for sharing such things, the IRS has published a list of changes to Form 5500 for 2014 here. Copies of the forms and instructions are available online here.
And for those procrastinators you may work with, the Department of Labor has developed a Form 5500 Version Selection Tool to help you select the forms needed to complete the Form 5500 filing.
And if you are one of those grumpy TPAs… well, it will all be over soon. Unless, of course, you’re filing one of these…
