| Instructions for Form 5500 |
2006 Tax Year |
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Quick Reference Chart for Form 5500, Schedules and Attachments--continued. Summary: This list represents the table of reference as to what schedules need to be completed with Form 5500 dependent upon
what type of
pension plan the taxpayer participates in. The information presented lists the situations for Schedules I, P, R, S.S.A., T
and the attachment of an
accountant's report.
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Schedule I (Financial Information--Small Plan)
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Large Pension Plan: Not required.
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Small Pension Plan: Must complete.
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Large Welfare Plan: Not required.
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Small Welfare Plan: Must complete. *2
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*2 Unfunded, fully insured and combination unfunded/insured welfare plans covering fewer than 100 participants at the beginning
of the plan
year that meet the requirements of 29 C.F.R. 2520.104-20 are exempt from filing an annual report. (See Who Must File on page
3.) Such a plan with 100
or more participants must file an annual report, but is exempt under 29 C.F.R. 2520.104-44 from the accountant's report requirement
and completing
Schedule H, but MUST complete Schedule G, Part III, to report any nonexempt transactions. See What To File on page 7.
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DFE: Not required.
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Large Pension Plan: Must file to start running of statute of limitations under Code section 6501(a).
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Small Pension Plan: Must file to start running of statute of limitations under Code section 6501(a).
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Large Welfare Plan: Not required.
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Small Welfare Plan: Not required.
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DFE: Not required.
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Schedule R (Retirement Plan Information)
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Large Pension Plan: Must complete. *5
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*5 A pension plan is exempt from filing Schedule R if each of the following four conditions is met:
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The plan is not a defined benefit plan or otherwise subject to the minimum funding standards of Code section 412 or E.R.I.S.A.
section
302
No in-kind distributions reportable on line 1 of Schedule R were distributed during the plan year.
No benefits were distributed during the plan year which are reportable on Form 1099-R using an E.I.N. other than that of the
plan sponsor or
plan administrator.
In the case of a plan that is not a profit-sharing, E.S.O.P. or stock bonus plan, no plan benefits were distributed during
the plan year in
the form of a single sum distribution.
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Small Pension Plan: Must complete. *5
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*5 A pension plan is exempt from filing Schedule R if each of the following four conditions is met:
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The plan is not a defined benefit plan or otherwise subject to the minimum funding standards of Code section 412 or E.R.I.S.A.
section
302
No in-kind distributions reportable on line 1 of Schedule R were distributed during the plan year.
No benefits were distributed during the plan year which are reportable on Form 1099-R using an E.I.N. other than that of the
plan sponsor or
plan administrator.
In the case of a plan that is not a profit-sharing, E.S.O.P. or stock bonus plan, no plan benefits were distributed during
the plan year in
the form of a single sum distribution.
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Large Welfare Plan: Not required.
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Small Welfare Plan: Not required.
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DFE: Not required.
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Schedule S.S.A. (Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits)
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Large Pension Plan: Must complete if plan had separated participants with deferred vested benefits to report.
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Small Pension Plan: Must complete if plan had separated participants with deferred vested benefits to report.
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Large Welfare Plan: Not required.
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Small Welfare Plan: Not required.
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DFE: Not required.
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Schedule T (Qualified Pension Plan Coverage Information)
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Large Pension Plan: Must complete if qualified plan unless permitted to rely on coverage testing information for prior year.
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Small Pension Plan: Must complete if qualified plan unless permitted to rely on coverage testing information for prior year.
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Large Welfare Plan: Not required.
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Small Welfare Plan: Not required.
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DFE: Not required.
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Accountant's Report
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Large Pension Plan: Must attach.
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Small Pension Plan: Not required unless Schedule I, line 4k, is checked
“No”.
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Large Welfare Plan: Must attach. *2
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*2 Unfunded, fully insured and combination unfunded/insured welfare plans covering fewer than 100 participants at the beginning
of the plan
year that meet the requirements of 29 C.F.R. 2520.104-20 are exempt from filing an annual report. (See Who Must File on page
3.) Such a plan with 100
or more participants must file an annual report, but is exempt under 29 C.F.R. 2520.104-44 from the accountant's report requirement
and completing
Schedule H, but MUST complete Schedule G, Part III, to report any nonexempt transactions. See What To File on page 7.
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Small Welfare Plan: Not required.
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DFE: Must attach for a G.I.A. or 103-12 I.E.
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