WebThis form is required to be filed under sections 104 and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and sections 6047(e), 6057(b), and 6058(a) of the … WebJul 22, 2024 · You must submit IRS Form 5500-EZ if your Solo 401(k) plan assets exceed $250,000. IRA Financial Group explains the reporting requirements and instructions. ... Enter the 6 digit applicable code XXXXXX that best describes the nature of the plan sponsors business from the list of principal business activity codes included at the end …
Who can sign 5500? - Form 5500 - BenefitsLink Message Boards
WebMar 30, 2024 · If you are filling out Form 5500-EZ for the first time, you have to look up a few codes in the Form 5500-EZ Instructions. The second time you just copy from the previous year. For my plan: Line 2d … WebOct 28, 2004 · The Form 5500 instructions say to use a business code that best describes the plan sponsor . This is a certainly a simple decision for any organization that sponsors a single-employer plan for its own employees. deadliest catch scottish narrator
A quick guide to Form 5500 and its schedules BenefitsPRO
WebPrincipal Business Activity Codes (If engaged in more than one unrelated business activity, select up to two codes for the principal activities. List first the largest in terms of … WebThese Principal Business Activity Codes are based on the North American Industry Classification System. Agriculture, Forestry and Fishing Crop production 111100 - Oilseed and grain farming 111210 - Vegetable and melon farming 111300 - Fruit and tree nut farming 111400 - Greenhouse, nursery and floriculture production WebThe IRS allows you to enter up to 10 codes on the Form 5500. Typically, most Form 5500-EZ filers will have two to four applicable codes. But more complex plan designs may have many codes. There are three main categories of characteristic codes. They are listed below: Defined Benefit Pension Features. deadliest catch sea of chaos pc free download