Final or Not, Proposed Form 5500 Changes May Bring New Administrative Headaches for Plan Sponsors

In July 2016, the Department of Labor (DOL) proposed a number of revisions to Form 5500. As part of these revisions, the DOL is asking plan sponsors to provide additional information about the operations, financial conditions, and administration of their retirement and health plans. Regardless of whether the revisions are finalized, the DOL’s proposed information requests provide insight into the issues the agency will likely focus on in future audits or other investigative situations.

In this webinar, we will highlight the Form 5500 revisions most likely to affect plan sponsors and provide guidance on the administrative practices plan sponsors should update or implement to help them avoid or address possible scrutiny by the DOL.

Isaac Morris – Retirement
Belinda Morgan – Health and Welfare
Kathy Aizawa – Uncashed checks, missing/nonresponsive participants, forfeitures, escheatment

There is no cost to participate in this program, but pre-registration is required. To participate, please click here. Instructions for accessing the program will be included in the registration confirmation email.

If you have questions or would like more information, please contact Harrison Papadakis at [email protected].

CLE Information

Foley & Lardner LLP will apply for CLE credit after the program, wherever applicable. Foley & Lardner LLP certifies that this activity has been approved for California MCLE credits by the State Bar of California in the amount of 1.0 General credit hour. Foley & Lardner LLP is a State Bar of California MCLE approved provider. Please note that participants must log in to the web portion on the date of the event and answer the CLE polling question; credit may not be obtained by viewing and/or listening to a program recording after the event. Certificates of attendance will be distributed to eligible participants approximately eight weeks after the webinar via email.
Special Instructions for Kansas/New York/New Jersey CLE Credit

Those seeking Kansas, New York, and/or New Jersey CLE Credit are required to complete the Attorney Affirmation Form. Be sure to enter the five-digit code that will be provided during the presentation. Please email the form to Harrison Papadakis at [email protected] immediately following the program.

Important Information for New York Attorneys
This program is appropriate for experienced attorneys only. Attorneys admitted two years or less are not eligible to earn CLE credit through the completion of courses in nontraditional formats.