Form 5500 Preparation
Any welfare benefit plan that covers 100 or more participants at the beginning of a plan year must file Form 5500 each year, whether it is funded or unfunded.
In addition, any funded plan welfare benefit plan with fewer than 100 participants at the beginning of the plan year must file an annual Form 5500. The Annual Form 5500 is due by the last day of the seventh month following the end of the plan year.
An Employee Welfare Benefit Plan includes a plan established to provide participants and their beneficiaries, through the purchase of insurance or otherwise:
SOMI provides Form 5500 preparation services for your review and signature, including:
The requirement to file for a Fringe Benefit Plan (6039(D) has been suspended by the IRS until further notice.