Looking for a Form 5500 Templates? Download it for free!

2015

Department of the Treasury

Internal Revenue Service

Instructions for Form

5500-SUP

Annual Return of Employee Benefit Plan Supplemental Information

DRAFT AS OF

Section references are to the Internal

the plan year are required to answer these

Example. Assume the same facts as

Revenue Code unless otherwise noted.

IRS compliance questions electronically.

the example above, but a plan

See Regulations section 301.6058-2 for

administrator voluntarily answers the IRS

References to ERISA are to the Employee

more information. Thus, to the extent the

compliance questions on Form 5500

Retirement Income Security Act of 1974.

2015 Form 5500 and the 2015 Form

electronically through EFAST2 after filing

5500-SF include questions that are IRS

a Form 5500. In this case, the plan does

General Instructions

compliance questions and the filer files

not have to file Form 5500-SUP.

March 30, 2015

fewer than 250 returns in that calendar

Also, see Short Plan Years in these

Future Developments

year, the filer may elect to answer the

instructions for information regarding the

questions electronically under EFAST2 or

filing requirements for certain short year

For the latest information about

on the paper Form 5500-SUP with the

filers.

developments related to Form 5500-SUP

IRS.

and its instructions, such as legislation

When To File

enacted after they were published, go to

Who Must File Form

The 2015 Form 5500-SUP must be filed

5500-SUP

by the last day of the 7th calendar month

Purpose of Form

after the end of the plan year that began in

You must file Form 5500-SUP for a

2015 (not to exceed 12 months in length).

retirement benefit plan, if all three

Form 5500-SUP is a paper-only form filed

conditions below are met.

Any extension of time to file either the

with the IRS that is used by the sponsors

2015 Form 5500 or the 2015 Form

and administrators of retirement plans to

1. The plan is required to file either

5500-SF will be treated as an extension of

satisfy the reporting requirements of

Form 5500 or Form 5500-SF.

time to file the 2015 Form 5500-SUP.

section 6058. Form 5500-SUP should only

2. The plan administrator and the plan

be used if certain IRS compliance

sponsor are required to file a total of fewer

Note. If the filing due date falls on a

questions are not answered electronically

than 250 returns of any type, including

Saturday, Sunday, or legal holiday, the

on the Form 5500, Annual Return/Report

information returns (for example, Forms

Form 5500-SUP may be filed on the next

of Employee Benefit Plan, or the Form

W-2 and Forms 1099), income tax returns,

day that is not a Saturday, Sunday, or

5500-SF, Short Form Annual Return/

employment tax returns, and excise tax

legal holiday.

Report of Small Employee Benefit Plan.

returns, during the calendar year that

Short Plan Years

About the Form 5500-SUP. In general,

includes the first day of the plan year.

the administrator or sponsor of a

3. The IRS compliance questions are

Form 5500-SUP is not required to be filed

retirement plan must annually file

not answered on the Form 5500 or Form

for a 2015 plan year if the deadline for

information about the plan in order to

5500-SF filed electronically through the

filing the form (excluding extensions) is

satisfy the reporting requirements of

EFAST2.

before January 1, 2016. See Regulations

section 6058 of the Code and sections

section 301.6058-2(f) for more

Example. Assume a Form 5500 is

104 and 4065 of ERISA. The Internal

information. Accordingly, some short plan

required to be filed for a plan that is on a

Revenue Service (IRS), Department of

year filers are not required to file the 2015

calendar year and the plan administrator

Labor (DOL), and the Pension Benefit

Form 5500-SUP (nor are they required to

and the plan sponsor are required to file a

Guaranty Corporation (PBGC) have

answer the IRS compliance questions)

total of 152 returns in 2015 (including

consolidated certain returns and report

even if they would otherwise be required

Forms 1099-R, Distributions From

forms to reduce the filing burden of plan

to do so. For example, a 2015 Form

Pensions, Annuities, Retirement or

administrators and sponsors. Plans that

5500-SUP is not required to be filed for a

Profit-Sharing Plans, IRAs, Insurance

file in accordance with the instructions for

calendar year plan with a short 2015 plan

Contracts, etc.; and Form 945, Annual

Form 5500 (or Form 5500-SF, when

year that ends May 31, 2015, since the

Return of Withheld Federal Income Tax,

applicable) will generally satisfy the annual

date for filing the 2015 Form 5500-SUP

etc.). In this case, the IRS compliance

reporting requirements for the IRS, DOL,

(December 31, 2015) is before January 1,

questions on the 2015 Form 5500 are not

and PBGC. Both Form 5500 and Form

2016.

required to be answered electronically

5500-SF (including the schedules) must

through EFAST2, but if they are not, they

be filed electronically under the

Where To File

must be answered by filing the paper

computerized ERISA Filing Acceptance

Form 5500-SUP with the IRS.

File the Form 5500-SUP at the following

System (EFAST2). This mandate does not

address.

apply to any questions on the forms that

Who Does Not Have To

request information solely for purposes of

Department of the Treasury

File Form 5500-SUP

satisfying the reporting requirements of

Internal Revenue Service

section 6058 (IRS compliance questions).

If you answer the IRS compliance

Ogden, UT 84201-0020

Under Treasury regulations, only filers

questions on either the Form 5500 or the

(plan administrators or employers who

Form 5500-SF, you do not need to file

maintain the plans) that are required to file

Private delivery services. You can use

Form 5500-SUP.

at least 250 returns of any type during the

certain private delivery services

calendar year that includes the first day of

designated by the IRS to meet the “timely

Jan 14, 2015

Cat. No. 67036W

Instructions Draft For Form 5500-Sup - Annual Return Of Employee Benefit Plan Supplemental Information - 2015 Page 2

Related Articles

Related forms

Related Categories