Winter 2010
Confused by Form 5500 for 403(b) Plans?
In 2009, ERISA 403(b) plans became subject to the same reporting and audit requirements as 401(k) plans. Plan sponsors who previously took a hands-off approach to their 403(b) plans must now take an active role in administration and oversight of their plans.
The Standard now offers a concise and practical guide to meeting these new requirements.
Our new booklet, Form 5500 Reporting and Audit Requirements for 403(b) Plans, provides practical information for sponsors in a question-and-answer format.
Topics include determining whether or not the plan is covered by ERISA, how to decide if an outside audit of the plan’s financial information is required, how to select an auditor and what data must be obtained from previous 403(b) service providers.
View the Form 5500 Reporting and Audit Requirements for 403(b) Plans.
