Interim final rule making Form 5500 changes required by the CSEC Act published by US Labor Department

WASHINGTON – The U.S. Department of Labor's Employee Benefits Security Administration today published in the Federal Register an interim final rule to implement Form 5500 annual reporting changes for multiple employer plans required by the Cooperative and Small Employer Charity Pension Flexibility Act, enacted on April 7.

The CSEC Act established additional annual reporting requirements for multiple-employer plans for plan years beginning after Dec. 31, 2013. Specifically, new section 103(g) of Title I of ERISA requires that the annual report of a multiple-employer plan must include a list of participating employers and a good faith estimate of the percentage of total contributions made by each participating employer during the plan year.

EBSA expects informational copies of the 2014 Form 5500 and Form 5500-SF to be published soon on EBSA’s website at www.dol.gov/ebsa/5500main.html.

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