What conditions must a one-participant plan satisfy to file a Form 5500-SF?
A one-participant plan is eligible to file Form 5500-SF if the plan covers fewer than 100 participants at the beginning of the plan year. Note: The other 5500-SF requirements are not applicable. Comment: If in the very rare situation, the one-participant plan has 100 or more participants (e.g., 100 partners and their spouses), the plan must file Form 5500-EZ and cannot file Form 5500-SF.
Related Questions
- If a one-participant plan elects to file Form 5500-SF instead of Form 5500-EZ, is the form subject to public disclosure on the DOL website?
- If the plan assets of a one-participant plan are $250,000 or less at the end of the plan year, does the plan need to file Form 5500-EZ?
- Under EFAST2, is a one-participant plan required to file electronically?
