The Department of Labor (DOL) issued Field Assistance Bulletin No. 2019-01 which provides guidance and temporary relief related to certain Forms 5500 for multiple employer plans (MEPs) subject to Title I of ERISA. Background A provision in the Cooperative and Small Employer Charity Pension Flexibility Act of 2014 added an additional Form 5500 filing requirement […]
Disclosure, Form 5500, ReportingSchedule J of the Proposed Form 5500 – Plan sponsors of group health plans take note! In July, 2016 the Department of Labor (DOL), Department of Treasury (IRS) and the Pension Benefit Guaranty Corporation (PBGC) published proposed regulations in the Federal Register regarding Proposed Revision of Annual Information Return/Reports. What is Schedule J? If the […]
Disclosure, Form 5500, Reporting, Schedule J408(b)(2) disclosures for retirement plans have been in effect for a few years. It is important to remember that the final regulations reserved a section for welfare plan disclosure. The preamble to the final regulations noted that commenters to the regulations supported disclosures specifically tailored to welfare plans. Although somewhat dated, the Employee Benefits Security […]
401k, 401k fees, fee disclosure, Form 5500, health & welfarePlan sponsors intending to use the Form 5500 method for counting covered lives for the PCORI fee, take note! If you have a self-insured health plan subject to the PCORI fee with a calendar year plan year and intend to use the Form 5500 method to count covered lives, you cannot utilize the 2 ½ […]
ACA, Form 5500(c) 2015 Erisa Diagnostics - We focus on benefits, so you can focus on business