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What is step 1 if more?
Step 1 of Form 5500 is where the employer reports basic information about the plan.
Who is required to file step 1 if more?
Employers who sponsor a retirement or welfare benefit plan subject to the Employee Retirement Income Security Act (ERISA) are required to file Step 1 of Form 5500.
How to fill out step 1 if more?
Step 1 of Form 5500 can be filled out electronically using the EFAST2 system or through third-party software providers.
What is the purpose of step 1 if more?
The purpose of Step 1 is to provide basic identifying information about the plan, such as the plan name, number, sponsor information, and the plan year.
What information must be reported on step 1 if more?
Information such as plan name, number, sponsor information, plan year, and contact information for the plan administrator must be reported on Step 1.
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