2013 Form 5500 Deadline Approaching

Plan administrators generally have seven months after the end of a plan year to file Form 5500. For plan years ending December 31, 2013, the deadline for filing Form 5500 is  July 31, 2014. Plan sponsors who extended their corporate federal income tax return deadline can receive an automatic extension until September 15, 2014, if certain criteria are satisfied. Otherwise, plan administrators can apply for a deadline extension until October 15, 2014 by filing Form 5558 on or before July 31, 2014 (the plan's regular filing deadline).

2013 Form 8955-SSA and Individual Statement Deadline for Retirement Plans

Like Form 5500, Form 8955-SSA (Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits) is due seven months after the end of a plan year (July 31, 2014 for calendar year plans). A plan administrator can receive the same extension for Form 8955-SSA as is available for the filing of Form 5500 by filing Form 5558 on or before July 31, 2014. Plan administrators must also provide the individual statements to those separated participants identified on Form 8955-SSA prior to the deadline for filing Form 8955-SSA.

Annual Benefit Statement for Defined Contribution Plans with Plan-Directed Investments

Administrators of defined contribution plans that do not allow participant investment direction must provide an annual benefit statement to participants and beneficiaries by the date the Form 5500 is filed. Thus, the annual benefit statement must be sent by July 31, 2014 unless a Form 5500 extension applies.