Which 5500 form do I need to fill out this year?

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.
Was this article helpful?
Have more questions? Submit a request