DoL Offers Free Web Cast on Plan Filing Requirements

May 2, 2008 (PLANSPONSOR.com) - If you're confused about the 5500 reporting requirements, the Department of Labor is ready to offer you some free help.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will host a free webcast on May 8 to help employers and plan administrators understand and comply with the Form 5500 Series reporting requirements under the Employee Retirement Income Security Act (ERISA).  

According to a press release, this second in a series of webcasts will help employers and plan administrators meet their obligations under ERISA to file timely and accurate financial reports on the operations of pension, health and other benefit plans.   The webcast will address:

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  • ways to avoid common filing errors,
  • how to select the accountant best qualified to audit your plan,
  • what to be aware of when reporting alternative investments, and
  • rules on “blackout notices.”   

The Web cast will also provide important information to 403(b) plan sponsors to help them prepare for expanded filing requirements, and preparing for an audit of the plan.   The Internal Revenue Service will participate in the event to discuss its late and stop-filer program.

The series is being offered as part of EBSA's compliance assistance program - Getting It Right - Know Your Fiduciary Responsibilities - to help employers and plan administrators meet their fiduciary responsibilities and avoid potential civil penalties under the law.

              Webcast on Form 5500 reporting requirements

                Employers and plan administrators

             May 8, 2008

                        Noon to 2 p.m. EST

Registration is required and available on a first-come, first-served basis  HERE

Editor's Note:  If you have trouble accessing the above link, visit EBSA's Web site atand click "Plan Filing Update Webcast" under "Compliance Assistance Seminars." 

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