DOL to Host Webinar on EFAST2 and 2009 Form 5500

The US Department of Labor's Employee Benefits Security Administration (EBSA) will be hosting a EFAST2 and 2009 Form 5500 compliance assistance webinar on June 3, 2010 at 1:00pm EDT. 

From EBSA:

"Now that electronic filing is here, and you are using the EFAST2 system and preparing to file the 2009 Form 5500, we know that you have questions. This webcast will provide tips and address some of the most frequently asked questions the Department has received as all parties involved in filing begin to use the EFAST2 system and prepare the 2009 Form 5500.  The webcast will also feature a discussion of the new e-signature option for Form 5500 and 5500-SF that is designed to simplify the electronic filing process, especially for small businesses that use service providers to complete and file their annual reports.

 

The 2009 Form 5500 has a number of changes, including a new simplified annual reporting form for small plans with easy to value investments; expanded reporting by large plans of compensation received by plan service providers; and realignment of the reporting rules for Internal Revenue Code section 403(b) pension plans subject to Title I of ERISA to make them on par with 401(k) plans.   The EFAST2 system is a new, modernized system to handle the electronic filing of the Form 5500 and Form 5500-SF that also provides electronic public disclosure of filings."

Click here to read more and to sign up for the webcast.