Being a 401(k) plan sponsor has a lot of tasks and this article is all about the big ones.
Form 5500: It’s Not Optional (Unless You Like Trouble and Pain) -
In the retirement plan world, there are two types of plan sponsors—those who understand the importance of filing a Form 5500, and those who find out the hard way. Let’s be clear: if you sponsor a 401(k) plan and have an employee, filing a Form 5500 each year isn’t a suggestion. It’s a requirement.
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