Get the free Form 5500-EZ
Show details
This form is required to be filed under section 6058(a) of the Internal Revenue Code. It is designed for one-participant retirement plans and serves as an annual return providing vital information
We are not affiliated with any brand or entity on this form
Get, Create, Make and Sign form 5500-ez
Edit your form 5500-ez form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share your form instantly
Email, fax, or share your form 5500-ez form via URL. You can also download, print, or export forms to your preferred cloud storage service.
Editing form 5500-ez online
Follow the guidelines below to benefit from the PDF editor's expertise:
1
Log in to account. Start Free Trial and register a profile if you don't have one.
2
Prepare a file. Use the Add New button to start a new project. Then, using your device, upload your file to the system by importing it from internal mail, the cloud, or adding its URL.
3
Edit form 5500-ez. Replace text, adding objects, rearranging pages, and more. Then select the Documents tab to combine, divide, lock or unlock the file.
4
Save your file. Choose it from the list of records. Then, shift the pointer to the right toolbar and select one of the several exporting methods: save it in multiple formats, download it as a PDF, email it, or save it to the cloud.
pdfFiller makes dealing with documents a breeze. Create an account to find out!
Uncompromising security for your PDF editing and eSignature needs
Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
How to fill out form 5500-ez
How to fill out Form 5500-EZ
01
Gather all necessary information about your solo 401(k) plan, including plan details and financial statements.
02
Obtain the most recent Form 5500-EZ from the IRS website or your tax advisor.
03
Fill out Part I by providing basic information such as your name, address, and EIN (Employer Identification Number).
04
Complete Part II by entering specific details about the plan, including the plan year and the total assets and liabilities.
05
If applicable, fill out Part III for any other required information such as the type of plan or assets under management.
06
Review the completed form for accuracy and completeness.
07
Sign and date the form at the bottom of Part I.
08
Submit Form 5500-EZ electronically through the IRS e-filing system or mail it to the appropriate address.
Who needs Form 5500-EZ?
01
Self-employed individuals and sole proprietors who maintain a solo 401(k) plan.
02
Businesses with only one participant in the retirement plan.
03
Plan sponsors who need to report their plan annually to the IRS.
Fill
form
: Try Risk Free
People Also Ask about
Who is required to file a 5500 form?
IRS Form 5500 applies to most public and private sector businesses providing plans to 100 or more participants. It must be filed electronically using the DOL ERISA Filing Acceptance System (EFAST2).
Who has to file the IRS form 5500?
The employer maintaining the plan or the plan administrator of a Pension or Welfare benefit plan covered by ERISA. File Form 5500 to report information on the qualification of the plan, its financial condition, investments and the operations of the plan.
What happens if you don't file form 5500?
Late filers of Form 5500 can be penalized twice—by the IRS and the DOL. The IRS penalties for a late filing without notice or a qualified extension are $250 per day, up to a maximum of $150,000. If that weren't enough, the DOL civil penalties would be up to $2,586 per day with no maximum.
Where do I send my IRS form 5500-EZ?
The Form 5500-EZ must be filed via mail. It should be filled out and mailed to: Department of the Treasury Internal Revenue Service Ogden, UT 84201-0020 Online Filing Now Available Through IRS EFAST2 System As of January 1, 2021 you can use the EFAST2 filing system to file IRS form 5500 series online.
What is the 5500-EZ form?
Form 5500-EZ is used by one-participant plans and certain foreign plans that are not subject to the requirements of section 104(a) of the Employee Retirement Income Security Act of 1974 (ERISA) to satisfy certain annual reporting and filing obligations imposed by section 6058(a) of the Internal Revenue Code.
What is the penalty for not filing form 5500-EZ?
The plan administrator or employer (owner) must sign and date paper Form 5500-EZ for the 2021 filing. Section 6652(e) imposes a penalty of $250 a day (up to a maximum penalty of $150,000 per plan year) for not filing returns in connection with pension, profit-sharing, etc., plans by the required due date.
Who counts as a participant for 5500?
Active participants (i.e., any individuals who are currently in employment covered by the plan and who are earning or retaining credited service under the plan). This includes any individuals who are eligible to elect to have the employer make payments under a Code section 401(k) qualified cash or deferred arrangement.
Who is exempt from filing form 5500 pdf?
You do not have to file Form 5500-EZ for the 2024 plan year for a one-participant plan if the total of the plan's assets and the assets of all other one-participant plans maintained by the employer at the end of the 2024 plan year does not exceed $250,000, unless 2024 is the final plan year of the plan.
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
What is Form 5500-EZ?
Form 5500-EZ is an annual report required by the Employee Benefits Security Administration (EBSA) for retirement plans, enabling plan sponsors to provide information about their plans.
Who is required to file Form 5500-EZ?
Form 5500-EZ must be filed by one-participant retirement plans and foreign plans, and it is required specifically for plan sponsors who are not required to file the standard Form 5500.
How to fill out Form 5500-EZ?
To fill out Form 5500-EZ, gather necessary plan information, complete all sections of the form accurately, and ensure that it is signed by the appropriate plan sponsor before submitting it to the IRS.
What is the purpose of Form 5500-EZ?
The purpose of Form 5500-EZ is to provide the federal government with information about a retirement plan's financial conditions, investments, and operations, ensuring compliance with ERISA regulations.
What information must be reported on Form 5500-EZ?
Form 5500-EZ requires the reporting of plan information such as the plan name, plan sponsor, financial statements, and the number of participants, among other details.
Fill out your form 5500-ez online with pdfFiller!
pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.
Form 5500-Ez is not the form you're looking for?Search for another form here.
Relevant keywords
Related Forms
If you believe that this page should be taken down, please follow our DMCA take down process
here
.
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.
