You will need to file the Form 5500 if your plan:
- Has over 100 eligible participants with a balance in the plan at the beginning of the plan year.
- Filed a Form 5500 in the previous filing year.
- Filed the Form 5500-SF last year, but now have over 120 eligible participants with a balance in the plan at the beginning of the plan year.
You will need to file the Form 5500-SF (Short Form) if your plan:
- Has fewer than 100 eligible participants with a balance in the plan at the beginning of the plan year.
- Filed the Form 5500-SF last year and has between 80-120 eligible participants with a balance in the plan at the beginning of the plan year.
You will need to file the Form 5500-EZ if your plan:
- Is a one-participant 401(k) plan. Although you filed the Form 5500-SF last year, the rules have changed, and you are now required to file the 5500-EZ for this plan year. The deadlines for the Form 5500-EZ follow the typical deadlines for the Form 5500.