Your Annual Valuation Statement provides information which may help you complete Form 5500-SF. Consult your tax advisor or the Department of Labor (DOL), Employee Benefits Security Administration (EBSA) with any questions.
Annual Valuation Statement
Form 5500-SF - For plans with less than 100 participants, including most one-participant plans.
Use the following information together with the Instructions for Form 5500-SF provided by the DOL to complete Form 5500-SF.
According to the Form 5500-SF Instructions, one-participant plans need only complete the following questions on the form:
- Part I, lines A, B, and C
- Part II, lines 1a - 5b
- Part III, lines 7a-c, and 8a
- Part IV, line 9a
- Part V, line 10g
- Part VI, lines 11-12e
Part I & Part II
Part I, Annual Report Identification Information
See the Form 5500-SF Instructions for Line A to determine whether your plan is a single-employer plan (most Premiere Select® Retirement plans are single-employer plans), (single-employer plans), a multiple-employer plan or a one-participant plan. In addition, select the one-participant box if appropriate. Select applicable boxes in Lines B or C.
Part II, Basic Plan Information
Part III, Financial Information
Part IV & Part V
Part IV, Plan Characteristics
Part V, Compliance Questions
According to the Form 5500-SF Instructions, one-participant plans should complete only question 10g.
If you have a multi-participant plan answer all of the Compliance Questions and provide the amounts for any of the questions that you have answered "Yes."
Part VI & Part VII
Part VI, Pension Funding Compliance
Part VII, Trust Information