BenefitsLink Message Boards > 80-120 Exception for new plan

Full Version: 80-120 Exception for new plan

BenefitsLink Message Boards > Employee Benefits in General > Form 5500

401karl

Jul 24 2009, 02:31 PM

We have a new plan (no previous 5500) as of 1/1/08 and the total eligible participants as of 1/1/08 is 116. Does the 80-120 exception apply to file as a small plan or does it only apply for a plan to continue a previous years filing status?

rcline46

Jul 24 2009, 03:30 PM

The rule only applies to an existing plan. It does not apply to a new plan.

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