Filing Services – Form 5500

Getting an early start and managing the data/information collection is the key to success in the ERISA welfare plan reporting and disclosure process. The problem is that most people do not know or have the time to properly manage this process.  It begins late and turns into a last-minute rush to completion.  This rush can lead to inaccurate filings, missed filings, unhappy bosses, and non-productive use of key employees' time trying to resolve issues. Many CPA firms, attorneys, and other professionals will only complete the Form at your direction.  In other words, the burden is on you to manage the entire process while they just fill in the blanks. 
At most firms, this work is completed by entry-level employees who know very little about the employee benefit industry and do not understand the Form or process.  Their ability to provide advice, answer questions, handle complex situations, or help you in the filing process is often very limited.

EmSpring has access to a proprietary service platform from that manages the Form 5500 and Summary Annual Report (SAR) process for all non-pension plans from start to finish.  The platform uses state-of-the-art software to help assure compliance with all filing requirements.  Some of the advantages of having us facilitate the completion of your Form 5500:

• We take ownership of the process.  Our responsibility is to you.
• A complete filing for only $350 per Plan per year!
• Development of a filing schedule for each Plan
• Timeline management tool with built-in follow-up notices.
• Assist in gathering Schedule A and C data from insurance companies and administrators
• Provide letter and envelopes with detailed filing instructions
• Provide signature-ready Form 5500's with Schedules
• Provide Summary Annual Reports (SAR)
• Answer questions during the process and after delivery of the Forms
• Provide professional consulting advice regarding ERISA reporting
• Correct errors and deficiencies in Forms as requested
• Respond to DOL/EBSA letters
• Prepare Form 5558 (Extension of Time to File) as necessary
• Assist with delinquent filing and failure to file issues
• Keep you appraised of new rules and regulations
• Help you plan and prepare for new electronic filing requirements

Note: we cannot directly help with 5500 filings or other ERISA reporting requirements for retirement plans. We can refer you to reliable sources for help with these.