I'm a Northeast Florida boy, and I'm looking at a PS valuation for a prospect in Southern Georgia. The cover letter on the 5500 from the prior administrator says that the forms need to be mailed to the EBSA, and a second complete set must be mailed to the Georgia Income Tax Division, Tax Exempt Organizations.

I didn't know that the 5500 needed to be mailed to anyone except for the EBSA. Is this a special rule for certain types organizations? Is it a special rule for Georgia?

Thanks!

I've worked with a number of plans in Georgia over the years and never heard of that before. Is your question about certain types of organizations because it an unusual business type?

It's a construction company, but now that I think about it, a significant portion of their business is derived from contracts from the state. I suppose it could be that this is the state's form of due diligence for their contractors.