S. All returns are available for 2016 and for previous fiscal years. 1 Supplemental schedules required by ERISA and the DOL. Department of Labor (DOL), the IRS and the Pension Benefit Guaranty Corporation (PBGC) on Feb. This form is required to be filed for employee benefit plans under sections 104 The Form 5500 is an annual report, filed with the U. The substantive revisions for 2022 reflect Code and ERISA amendments made by the SECURE Act and were described in a previous agency action (see our Checkpoint article). The “Changes to Note” section of the 2021 instructions for each of the forms. Form 5500-SF. Posting on the web does not constitute acceptance of the filing by the U. Follow the step-by-step instructions below to design your DOL 5500 scheme a fillable form 2011: Select the document you want to sign and click Upload. DoL 5500-SF 2018-2023 free printable template Get Form Show details. Official WA State Licensing (DOL) website: licensing and regulating drivers, vehicle and boats, and over 30 types of professions and businesses. Federal Government. Proper copies of Form 5500s will be made available on January 1, 2024. Press Done. S. S. 5500-SF, Short Form Annual Return/Report of Small Employee Benefit Plan. Pension Benefit Guaranty Corporation. ANSWER: An extension for filing Form 5500 (Annual Return/Report of Employee Benefit Plan) is obtained by filing Form 5558 (Application for Extension of Time to File Certain Employee Plan Returns) on or before the regular Form 5500 due date, which is seven months after the end of the plan year. 1, 2023. 1, 2022. DOL estimates that there are approximately 2. Yes. About the Form 5500 The Form 5500, Annual Return/Report of Employee Benefit Plan, including all required schedules and attachments (Form 5500 return/report), is used to report information concerning 3 Source: U. Form 5500 Corner. If participants are unable to get the annual report from the plan administrator, they may be able to obtain a copy by writing to the U. Access the most extensive library of templates available. Department of Labor’s Employee Benefits Security Administration (EBSA) converted to a total electronic system of online filing for the Forms 5500 and new the Form 5500-SF on December 31, 2009. The DOL final rule on changes for 2022 is most significant for defined benefit plans. 1 billion in 2020. 200 Constitution Ave NW Washington, DC 20210 1-866-4-USA-DOL. Many small business use service providers, such as third party administrators (TPAs), to manage the Form 5500 Series filing process for the plan. Beginning for the calendar year 2023, your reporting requirements for your 401 (k) plan participant count will be based upon the number of participants who have. Get ready for this year's Tax Season quickly and safely with pdfFiller! Create a blank & editable DoL 5500 form, fill it out and send it instantly to the IRS. If you are not subject to the IRS e-filing requirements in 26 CFR 301. Schedule G (Form 5500) 2020 v. DC MEPs will report year-end account balances attributable to each participating employer. Schedule D (Form 5500) 2020 v. 5500 and are restricted from filing the Form 5500-SF. Form M-1 Search. S. Any device and OS. Department of Labor (DOL) released informational copies of 2021 Form 5500 Annual Return/Report. As noted in the Final Rule, the Agencies are. ” Small plans using the Form 5500-SF include information about total fees and commissions paid with respectThe U. Today, EBSA. For more information see the instructions for and the EFAST2 website at 104b-2 g 2 ii. GovInfo | U. Opting for it helps avoid late filing penalties. These are the third — and final — revisions that implement a Sept. White. The Form 5500 Series Quick Start Guide provides an overview of how to file the Form 5500 or 5500-SF. SAMPLE. 5500 for further information. S. Enter Annual Report Information. About the Form 5500 The Form 5500, Annual Return/Report of Employee Benefit Plan, including all required schedules and attachments (Form 5500 return/report), is used to report information concerningAccording to the EBSA, the Form 5500 Annual Return/Report serves as the principal source of information and data available to the agencies concerning the operations, funding and investments of more than 800,000 pension and welfare benefit plans that file the annual return/report. 2. Form 5500 is an annual report filed by employee benefit plans with the U. This release includes Form 5500-SF. In order for the IRS and DOL to fulfill the mandates of the Employee Retirement Income Security Act of 1974 (ERISA) Sections 3003 and 3004 and in accordance with ERISA Section 506, the IRS and DOL have executed the Internal Revenue Service/Department. SAMPLE. Department of Labor . Therefore, while DOL estimates there are 2. The Department of Labor (DOL) recently announced the inflation adjusted civil monetary penalties for a wide range of benefit-related violations. You cannot file a paper Form 5500-SF by mail or other delivery service. Under IRS Notice 2020-23, "Form 5500 filings for plan years that ended in September, October or November 2019, as well as Form 5500 deadlines falling between April 1 and July 15, 2020, as a result. S. The Department of Labor (DOL), Internal Revenue Service (IRS) and Pension Benefit Guaranty Corporation (PBGC) have announced changes to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500–SF Short Form Annual Return/Report of Small Employee Benefit Plan effective for plan years beginning on or. Plan sponsors must generally file the return on the last day of the seventh month after their plan year ends. ConclusionThe DOL, IRS, and PBGC have released informational copies of the 2021 Form 5500 series, including schedules and instructions. Department of the Treasury Department of Labor Pension Benefit Internal Revenue Service Employee Benefits Guaranty Corporation Security Administration. 2021 regulatory proposal, which included changes related to provisions in the SECURE Act which affected annual reporting. defined contribution plans. Client received an EBSA letter today that the Plan's 2017 5500 form filing was rejected for lack of the Accountant's opinion. 200204. For small 401 (k) plans, it's $750; for large plans, it's $2,000. This year’s finalized changes focused on pooled employer plans (PEPs), multiple employer plans (MEPs) and additional responsibilities certain plan sponsors. Forms 5500 and 5500-SF must be filed electronically using the DOL ERISA Filing Acceptance System (EFAST2)Opens in a new window. Form Popularity 2018. 2 - 1 x. S. In addition to searching for specific filings, users now can search for filings using new filters that include plan type, plan asset value, number of participants, employer plan types, business codes, form years and locations, according to the DOL’s Jan. To find out who must file or to find detailed instructions specific to your plan's filing requirements, review the filing instructions. Your work in filing an accurate Form 5500 is important to keep your plan healthy and free from Department of Labor scrutiny. This search engine identifies Form 5500 and 5500-SF filings received by EFAST2. We are your DOL - Transforming New York's World of Work. Form 5500 Version Selection Tool. S. . Retirement Plan Information . This search engine identifies Form 5500 and 5500-SF filings received by EFAST2. The DOL has finalized certain revisions to the Form 5500 instructions that reflect changes made by the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) ( 86 Fed. 9. The guidance in this Bulletin relates solely to Form 5500. today released informational copies of the 2023 Form 5500, Form 5500-SF, IRS Form 5500-EZ, IRS Form 5558 and their related instructions online. These will be available later this year and in advance of the annual January 1 “go live” date for EFAST2 filings. You can no longer use the Form 5500-SF. There is no delinquent filer program when only the Form 8955-SSA is. On December 29th, 2021, the U. The DOL per day penalty for failure to properly file Form 5500 has increased to $2,259 from $2,233, with no maximum. When you initially register with the Form M-1 online filing site, you will need to register as a filing author and a filing signer. The final changes reflect provisions of the Setting Every Community. The Department of Labor has launched an aggressive program to determine whether companies are complying with the Form 5500 and associated audit report requirements in a timely way. IFILE is available to all registered users with Internet access. The Department of Labor released informational copies of the Form 5500 series for 2023. . S. To find out. Form M-1 Search. 5500 and are restricted from filing the Form 5500-SF. The changes to Form 5500 for 2023 also implement changes included in the SECURE Act of 2019 that take effect this year. The emails target plans where a Form 5500 or 5500-SF was submitted in 2021. Every defined contribution and pension plan sponsor is required to file a 5500 to the IRS and. The IRS also released the 2021 Form 5500. DEPARTMENT OF LABOR DOL HOME POPULAR TOPICS. The Department of Labor announced changes to Forms 5500 and 5500-SF (short form) and released updated instructions on December 8. 6 million annually, $63. This Bulletin provides guidance on certain Form 5500 Annual Return/Report requirements for tax-sheltered annuity programs described in section 403 (b) of the Internal Revenue Code (Code) with respect to contracts issued before January 1, 2009. the instructions to the Form 5500. The penalty is applicable only to civil penalties assessed after August 1, 2016, whoseForm 5500 is a report that is submitted to the IRS. 210624. This search tool allows you to search for Form 5500 series returns/reports filed since January 1, 2010. submenu. Submit an information quality correction request. The proposed. Most notably, this package of Form 5500 changes includes reporting rules related to defined contribution “groups of plans” or DCGs, changes to Schedules MB, SB and R for defined benefit plans, the addition of IRS compliance questions, and a change to the counting. Security Administration . Decide on what kind of signature to create. It summarizes 401 (k) activity for the previous year, including the degree of employee participation, the plan’s financial performance, and the plan’s operations. govDoL 5500-SF Instructions 2020-2023 free printable template. 5 million health plans and 885,000 non-health welfare plans, respectively, only 69,000 and 91,000 of these plans filed a 2019 Form 5500. The deadline to file Form 5500 for plan years ending in 2023 is October 15, 2024. In general, all retirement plans, such as profit-sharing and 401(k) plans, must file a Form 5500 for every year the plan holds assets. The Proposal includes modifications to the Form 5500 series and applicable regulations to implement the SECURE Act requirement for the development of a consolidated annual report for groups of defined contribution retirement plans. Visitors to our headquarters must enter at 3rd and C Streets NW in. Try it Now!Form 5500. If you prefer, you can search for a specific Form 5500 by Plan Sponsor name, Employer Identification Number (EIN), or Acknowledgement ID (AckID. Get ready for this year's Tax Season quickly and safely with pdfFiller! Create a blank & editable DoL 5500 form, fill it out and send it instantly to the IRS. Home | U. The agency is prioritizing getting your questions answered. You can use this tool to search and view filings once they have been processed by the Department. Quickly add and highlight text, insert images, checkmarks, and symbols, drop new fillable areas, and rearrange or delete pages from your paperwork. Paul Mulholland. Forms 5500, 5500-SF or 5500-EZ; Form 8955- normal due date, which is the date the Form Extension of Time To SSA or Form 5330 5500, Form 5500-SF, Form 5500- EZ and/ File Certain Employee • Any tax due must be paid with this application Submit a separate Form 5558 for each plan or Form 8955-SSA would otherwise be due, Plan Returns •The U. We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use. Department of Labor, Internal. ESOP participants must be able to inspect and copy the report. Today, the U. Choose My Signature. For 2022 Form 5500 Schedules MB and SB, plans with 1,000 or more participants must include an attachment showing a projection of benefits expected to be paid separately for active. Department of Labor, the Pension Benefit Guaranty Corporation, or the Internal Revenue Service. SAMPLE. Easily fill out PDF blank, edit, and sign them. Additionally, a DOL fine of up to $2,259 per day with no upper limit is also applicable. Department of Labor. Include RIN 1210–AB63 in the subject line of the message. Compliance Contacts Contact the following individual(s) to get more information on complying with Department of Labor regulations: Sonya Carrion Director Office of Small and Disadvantaged Business Utilization Phone: 202-693-7299 Fax: 202-693-7297 1-866-4-USA-DOL (1-866-487-2365) Carrion. Schedule H (Form 5500) 2023 Page 4 Part III Accountant’s Opinion 3 Complete lines 3a through 3c if the opinion of an independent qualified public accountant is attached to this Form 5500. The PIN signature attests that the signer has reviewed the Form 5500 Series. The U. S. For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Department of Labor’s Employee Benefits Security Administration, the IRS and the Pension Benefit Guaranty Corporation today released informational copies of the 2021 Form 5500 Annual Return/Report and related instructions – including the Form 5500-SF. Form 5500 Red Flags to Avoid. As noted in the Final Rule, the Agencies are currently working on broader Form 5500 changes in an effort to modernize the Form 5500 and improve the Agencies' data collection efforts. 1-866-487-2365. On May 20th, 2022, the DOL, IRS, and the Pension Benefit Guaranty Corporation released their final rule on 2022. Department of Labor. 7 million annually in other reporting costs. Plan sponsors must generally file the return on the last day of the seventh month after their plan year ends. U. 1, 2010. Datasets contain the raw, unedited data from all of the Form 5500 and Form 5500-SF filings for each year, including the data reported in the various schedules. S. , 501, 502, 503, etc. We would like to show you a description here but the site won’t allow us. Both small and large employers with a 401(k) plan must annually file an Internal Revenue Service (IRS) Form 5500, Annual Return/Report of Employee Benefit Plan (Form 5500) or Form 5500-SF, Short Form Annual Return/Report of Small Employer Benefit Plan (Form 5500-SF). Form 5500; Delinquent Filer Voluntary Compliance Program (DFVCP) Audit Quality; Form M-1; Form PR; Compliance Assistance. Department of Labor (DOL), that contains information about a 401(k) plan's financial conditions, investments, and operations. About the Form 5500 The Form 5500, Annual Return/Report of Employee Benefit Plan, including all required schedules and attachments (Form 5500 return/report), is used to report information concerning11794 Federal Register/Vol. The DOL penalty for late filing can run up to. Form 5558 must be filed by the due date of Form 5500 to avail exemption in the filing deadline by 2 ½ months. EFAST2 was designed so that the plans Form 5500 or Form 5500-SF can be completed and submitted by a TPA. It is created by the Employee Benefits Security Administration’s Office of Policy and Research at the Department of Labor and is used to generate and analyze aggregate5500 or in response to correspondence from the Employee Annual reports filed under Title I of ERISA must be made Benefits Security Administration (EBSA) regarding the available by plan administrators to plan participants and by the processing of your return/report. Statistics. Instructions for Form 5500-SF . U. The first step in completing IRS Form 5500 is to enter the Annual Report Identification Information necessary for Part 1. 3. As the plan administrator, do we need to obtain electronic credentials? ANSWER: Plan administrators must obtain electronic credentials for Form 5500 filing unless they decide. Employers with employee benefit plans that operate on a calendar year basis must file their annual reports (Forms 5500) for 2021 with the Department of Labor (DOL) by Aug. Form 5500 Search. 1210-0110 1210-0089 8 This Form is Open to Public Inspection Part I Annual Report Identification Information For calendar plan year 2018 or fiscal plan year beginning and ending A This return/report is for: X a multiemployer plan X a multiple-employer plan (Filers checking this box must attach a list ofFor Employers and Advisers. Albert, a Qualified Pension Administrator (QPA) and Chief of the DOL’s Division of Reporting Compliance, sends 20,000-plus personal emails to Form 5500 contacts for certain “stop-filer” plans to warn of common and potentially cumbersome mistakes. Department of Labor, EBSA calculations using non-health welfare plan Form 5500 filings and projecting non-filers using estimates based on the non-filing health universe. Opting for it helps avoid late filing penalties. Appendix B contains a detailed description of final changes to the 2022 Form 5500 and Form 5500-SF to implement Section 101 of the SECURE Act. are generally exempt from filing a Form 5500. No paper. This is especially true where an employer files an annual. In addition to the financial statements and related disclosures, ERISA and DOL regulations require the disclosure of additional information that is required to be covered by the auditor's report. dol. No software installation. Lockton comment: The EBSA offers an amnesty program called the Delinquent Filer Voluntary Compliance Program (opens a new window) for late filers that voluntarily submit tardy Forms 5500. For the Form 5500, the Form 5500-SF, and the Form PR: No. YOUR QUESTIONS ABOUT DOL Employee Benefits Security Administration Search Engage Share NEWSROOM CONTACT DOL HOME ASKEBSA ABOUT EBSA WORKERS & FAMILIES EMPLOYERS & ADVISERS RESEARCHERS KEYTOPICS LAWS & REGULATIONS welcome > EFAST2 Registration Filings • Form 5500/5500-SF Search Main Welcome The Department of Labor (DOL) announced on Thursday its new and final updates to the 2023 Form 5500. 23 released changes to the 2023 Form 5500 and Form 5500-SF. Easily complete a printable IRS DoL 5500 Form 2018 online. Your work in filing an accurate Form 5500 is important to keep your plan healthy and free from Department of Labor scrutiny. The CCT or PSA must file: Form 5500, except lines C, D, 1c, 2d, and 5 through 9. Get ready for this year's Tax Season quickly and safely with pdfFiller! Create a blank & editable DoL 5500 form, fill it out and send it instantly to the IRS. Requirement and the EFAST2 website at You cannot file a paper Form 5500 by mail or other delivery service. Specifically, the. The DOL updates Form 5500 annually to keep it up-to-date with various regulatory changes. Specifically, the emails targeted plans where a Form 5500 or 5500-SF was submitted in 2019 but not in 2020. Today we're going to talk a little about filing form 5500 specifically form 5500 easy now 5500 EZ is the IRS and Department of Labor a filing. Now the all-electronic EFAST2 system allows the public to submit and access filings online at “Now that the EFAST2. The penalty is imposed on the plan administrator and is not tax-deductible. Edit Dol 5500 schelue a fillable form 2011. 23 released changes to the 2023 Form 5500 and. WASHINGTON – The U. The 2021 instructions include certain changes that the DOL proposed in September 2021 (see our Checkpoint article) and has now finalized. Filing Search from the navigation menu. Private Pension Plan Bulletin: Abstract of 2020 Form 5500 Annual Reports. S. OMB Nos. Agencies; Forms; Guidance Search; FAQ; About DOL; News; Contact Us; U. The changes relevant to 401(k) plan. Information on Other Service Providers Receiving Direct or Indirect Compensation. could trigger a plan audit by the DOL or the IRS. Get form. Below are instructions for how to obtain filing credentials with the DOL. The US Department of Labor (DOL) issued a final regulation (Final Rule) on December 29, 2021, updating the 2021 Form 5500 to reflect certain statutory changes included in the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). These are the third—and final—revisions that implement a Sept. Form 5500 was also modified to implement SECURE Act. A practitioner preparing a Form 5500 for a 401(k) profit sharing plan should include both code 2E and code 2J on question 8a of Form 5500. Keep in mind that the Department of Labor has the authority to impose a $2,233 penalty per day for failure or refusal to file a. Please be advised of the below issue related to the 2022 Form 5500 Schedule MB and Schedule SB attachments required for plans with 1,000 or more participants. Employee Benefits Security Administration ESPAÑOL 1-866-444-3272. 5 million health plans, The DOL estimates that the regulations and forms revisions in this proposed rule would impose an annual burden of $514. There are three variants; a typed, drawn or uploaded signature. If filing a Form 5500-EZ or the Form 5500-SF as a one-participant plan you are not eligible to use the DFVCP. S. S. Department of Labor, EBSA calculations using the Auxiliary Data for the March 2019 Annual SocialWASHINGTON – The U. S. Department of Labor Employee Benefits Security Administration February 23, 2023. Enter "C" or "P," as appropriate, in Part I, line A, as the DFE code. S. S. Specifically, MEPs must identify participating employers in the plan and provide an estimate of the percentage of total contributions for. Department of Labor, the IRS and the Pension Benefit Guaranty Corporation on Feb. Form 5500. DOL revised the 2021 Form 5500 and Form 5500-SF instructions to require defined contribution MEPs to provide information on the aggregate account balances attributable to participating employers. Subsequently, you should be aware that the Department of Labor requires Form 5500 to be filed electronically by using the ERISA Filing Acceptance System (EFAST2) program. Form 5500/5500-SF Filing Search. Printer Friendly Version. S. Call USAGov. Plans file the Form 5500 or Form 5500-SF electronically through a web-based system called EFAST2. The new search tool is available here The Labor Department also recently unveiled. The version of Form 5500 you’re required to file from the Form 5500 series depends on your business size and structure. Form 5500: Failure to timely file annual report Form 5500 subjects a plan sponsor to a penalty of $2,586. IFILE allows you to save and print filings as you work on them. Easily complete a printable IRS DoL 5500 Form 2013 online. A few retirement plans are exempt from ERISA filing requirements and therefore do not have to. "Page 1 of 71 Instructions for Form 5500 15:02 - 22-DEC-2009 The type and rule above prints on all proofs including departmental reproduction proofs. 23 announcement. Posting on the web does not constitute acceptance of the filing by. The Filing Search application is located at . In order to be granted an extension, the Employer/Plan Sponsor must send the IRS a Form 5558 for each ERISA plan subject to Form 5500 obligations. For more detailed information on how to file, see the EFAST2 FAQs and other publications. If your plan has at least 100 participants with active accounts,. Mail: Office of Regulations and Interpretations, Employee Benefits Security Administration, Attn: RIN 1210–AB63; Annual Reporting and Disclosure, Room N–5655, U. An agency within the U. 502 (c) (2) and DOL Reg. EBSA Research. To contact EBSA, you may call our toll-free help line at 1-866-444-3272. Reporting & Filing Assistance. They will get you the answer or let you know where to find it. IFILE allows you to save and print filings as you work on them. Additionally, a DOL fine of up to $2,259 per day with no upper limit is also applicable. For returns required to be filed after December 31, 2019, the penalty for failure to file is increased to $250 a. This Government website lets you file, find, and learn about Forms 5500 Series (5500, 5500-SF, and 5500-EZ) Annual Returns/Reports and Form PR Pooled Plan Provider Registrations. Department of Labor (DOL) requires retirement plans to file the Form 5500 electronically through the ERISA Filing Acceptance System (EFAST2). To File Electronic Filing Requirement instructions on page Form 5500-SF entries will be initially screened electronically. S. The Schedule C now requires. The adjustments include revisions to Schedules MEP and MB. FYI, per a discussion that I just had with the Department of Labor, I was told that the DOL's first "notice" of a missing form 5500 is sent via email to the address used for the most recent filing. The DOL penalties are as much as $1,100 each day late without a maximum, and the IRS penalties are $250 per day, with a maximum of $150,000. The Form 5500 Annual Return/Report for the 2021 plan year generally is not required to be filed until seven months after the end of the 2021 plan year, e. S. Schedule R (Form 5500) 2020The DOL has specific rules when it comes to assigning a plan number to an employee welfare benefit plan. , 501, 502, 503, etc. . Each plan must have a three-digit number, starting with number 501. White House;This tool determines which form type and form year should be used when filing a Form 5500, 5500-SF, or 5500-EZ return/report. Form 5500: Failure to timely file annual report Form 5500 subjects a plan sponsor to a penalty of $2,586. News release. Note: We discuss questions such as this one in our Form 5500 Workshop. Who Must File Form 5500-EZ You must file Form 5500-EZ for a retirement plan if the plan is a one-participant plan or a foreign plan that is required to file an annual return under section 6058(a). Department of Labor’s Employee Benefits Security Administration, the IRS and the Pension Benefit Guaranty Corp. The final forms and instructions revisions in this document are effective for plan years beginning on or after January 1, 2022. Forms and Filing Instructions. S. Summary of Benefits and Coverage (SBC). Critical and Endangered Status Notices. The form contains information about a plan’s financial condition, investments and operation. EBSA Organizational Chart. Form 5500-EZ returns are not made available to the public. The “Changes to Note” section of the 2021 instructions for each of. This shortened version of Form 5500 form applies to companies that sponsor plans with fewer than 100 participants. 6 million annually, $63. Department of LaborWithin seven months after the close of each fiscal year of the plan, the sponsor must issue a summary annual report on one of the Department of Labor 5500 forms. The DOL is authorized to impose a penalty of up to $1,100 per day for noncompliance — which includes failure to timely file all or any part of the Form. Department of Labor . Department of Labor. were taken from the Form 5500 data for plan year 2020. Compliance Assistance. g. Pension Plan Actuarial Information Search. An employer may extend this deadline by two and one-half months (until Oct. Form 5500 Datasets. WASHINGTON – The U. An agency within the U. The informational copies are intended to highlight changes from 2022 to 2023. S. EBSA Research. today released. On each form, the employer will report certain information about. Form 5500 Raw Data Sets. The Form 5500 submitted for a CCT or PSA must comply with the Form 5500 instructions for a Large Pension Plan, unless otherwise specified in the forms and instructions. For. ESOP participants also receive a shorter version of the. Form 5500 ; DOL letter on 2017 5500 filing DOL letter on 2017 5500 filing. Download & print with other fillable US tax forms in PDF. The datasets below contain structured data from Form 5500 and Form 5500-SF forms and schedules filed annually. Download & print with other fillable US tax forms in PDF. Department of Labor’s Employee Benefits Security Administration, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation are seeking public comments on proposed revisions to modernize and improve the Form 5500 Annual Return/Report filed by private-sector employee benefit plans. 6058-2, then you may file a Form 5500-EZ on paper with the IRS. The IRS penalty for late filing of a 5500-series return is $250 a day, up to a maximum penalty of $150,000 per plan year. Choose which type of filing you want to find in the Search Type field. S. Published Feb 28, 2023. Plan Sponsor Alert: Changes to the 2023 Form 5500. Form 5500; Delinquent Filer Voluntary Compliance Program (DFVCP) Audit Quality; Form M-1; Form PR; Compliance Assistance. AGENCIES. S. How to file: Must be filed electronically via EFAST2, using either approved third-party software or IFILE. Department of Labor, Internal Revenue Service, and the Pension Benefit Guaranty Corporation jointly developed the Form 5500 Series so employee benefit plans could utilize the Form 5500 Series forms to satisfy. It will be. DOL’s website. Download & print with other fillable US tax forms in PDF. Now the all-electronic EFAST2 system allows the public to submit and access filings online at “Now.