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Form 5500 - Schedule H for Montgomery Maryland: What You Should Know
Dec 16th, 2021— United States Department of Labor The Form 5500 series is a federal reporting and record keeping requirement, and must be approved by the DOL. It is designed for businesses and other organizations that: 1. Hold at least one fund of a type of insurance that is administered by the DOL; and 2. Require a report on each of their investment contracts to be filed yearly with the DOL for each ERICA Plan that they are responsible for. Jan 2, 2022— Alabama Department of Insurance The annual reports are being reviewed and the review period extended to February 24, 2022. The review period will likely not meet the deadline stated because of the high volume of request for extensions. Please keep in mind that, although this may not be a deadline date, ERICA may continue to file these annual reports until June 30, 2022. In all likelihood, the regulatory review period for the ERICA Plan will meet the February 24, 2022, deadline. January 2023 — U.S. Department of Labor In the event that a plan administrator requests a longer period for the review of an annual report, the deadline will be extended by one year on a rolling basis. As of February 20, 2022, ERICA must file a report annually which was filed on or before November 18, 2017. August 28, 2023 — U.S. Department of Labor The form 5500 series is a report required under the federal government's regulations, ERICA, the Employee Retirement Income Security Act of 1974; the plan is an ERICA plan. It must be filed annually with the Federal government (the IRS) and the DOL. The form 5500 series must be filed with the IRS and the DOL on or before the due date in the last year of the following year. In order to be filed as a Form 5500 series report, ERICA must follow the guidelines of: (1) The ERICA Plan and the ERICA Plan and/or any other plan that has the form 5500 series in effect; (2) Procedures established by the DOL in accordance with the “Standards of Performance and Accountability, and Regulations Under the Federal Insurance Contributions Act”, 31 CFR parts 2602B and 2705; and (3) The ERICA Plan.
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