How does a plan sponsor obtain electronic signature credentials?
The plan sponsor will go to a DOL website (IREG) and enter certain personal information. The plan sponsor then will receive an email with a link to a website where you will receive the credentials (signer ID and PIN code). The credentials are personal to the individual obtaining the credentials. If a plan sponsor may have different company officers signing the 5500, each officer would need to obtain his/her own credentials. May a TPA or financial institution obtain signer credentials on behalf of its clients? No. Every individual who signs a 5500 or schedule must obtain his/her own signature. Furthermore, the government limits one set of credentials per email address. When an individual obtains his/her signer credentials, the individual must certify to the government that he/she will not share the credentials with anyone, including a TPA or financial institution. How do I use the electronic signature credentials in filing a Form 5500 electronically? If the plan sponsor is completing it
Related Questions
- How would a provider, health plan, or health care clearinghouse obtain the EIN of an employer for use in electronic health care transactions?
- Can anyone other than a lawyer, notary or land surveyor apply an electronic signature to a document or plan?
- How does a plan sponsor obtain electronic signature credentials?
