New DOL Guide Helps Those Filing Form 5500
The Department of Labor has prepared a new guide, "The Troubleshooter's Guide to Filing the ERISA Annual Report (5500)", which should provide answers to most questions about preparing and filing the annual ERISA forms.
The publication focuses on the changes in reporting under the ERISA Filing Acceptance System (EFAST) and how to avoid reporting errors most frequently made by filers.
The Labor Department's Pension and Welfare Benefits Administration (PWBA), has made a toll-free telephone number available to provide assistance to filers. The toll-free service, at 1-866-463-3278, is available Monday through Friday from 8:00 a.m. to 8:00 p.m. Eastern time.
In addition to this troubleshooting guide, there is other Internet assistance on the Form 5500 and 5500-EZ at the EFAST Web page.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.