Are You Complying with Filing Requirements for Employee Benefit Plans?
By Rhonda Skiles
Employers offering retirement and welfare benefit plans to employees are ultimately responsible for ensuring that annual filing requirements are met. This fiduciary responsibility is not abdicated by utilizing a third party administrator. The Department of Labor requires a Form 5500, Annual Return/Report of Employee Benefit Plan, be filed for most retirement and welfare benefit plans meeting certain criteria.
There are specific rules and thresholds related to filing that employers should know. Read more.
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