Events
Duane Morris Partner John Reade, Jr., to Present Business 21 Web/Audio Conference on New Form 5500 Compliance Requirements
December 15, 2009 | Web/Audio Conference
Duane Morris partner John A. Reade, Jr. will be presenting a Business 21 Publishing web/audio conference on the topic of "New Form 5500 Compliance Requirements" at 1 p.m. Eastern time.
About the Audio Conference
In this 60-minute session you'll learn how to handle all your new filing requirements, including simplified, short filing options for small plans and new onerous requirements (annual independent audits) for 403(b) plans. We'll also discuss compliance issues involving the dreaded non-compliance letter, negotiating with the Department of Labor over the assessment of penalties and how to take advantage of the Delinquent Filer Voluntary Correction Program.
In this program, you'll learn how to be compliant with the new Form 5500 rules:
- The Who, What, Where and When of filing Form 5500:
- Large Plans vs. Small Plans
- Pension Plans vs. Health and Welfare Plans
- 401(k) Plans vs. 403(b) Plans
- The new requirements:
- Electronic Filing Is here: Are you ready?
- New Schedules: MB (Multi-employer Plans), SB (Single Employer Plans)
- Changed Schedules—Schedule R
- Simplified Form 5500-SF for small plans
- 403(b) plan audit requirements
- The ins and outs of the new Schedule C reporting requirements:
- When is it effective, what needs to be reported, what is reportable compensation and what is the difference between direct and indirect compensation
- Dealing with Non-Compliance:
- Taking full advantage of the Delinquent Filer Voluntary Correction Program
- Handling an audit, receiving a non-compliance letter and the consequences of non-compliance
- Reporting delinquent participant contributions
For more information about the audio conference, please visit the Business 21 Publishing website.
