United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2016_register executive 2018-02-08 article Part III Proposed Rules D09002ee1c7f57908 D09002ee1c7f57a28 United States Department of Labor originator org United States Government Agency or Subagency United States Employee Benefits Security Administration originator org United States Government Agency or Subagency United States Department of the Treasury originator org United States Government Agency or Subagency United States Internal Revenue Service originator org United States Government Agency or Subagency United States Pension Benefit Guaranty Corporation originator org United States Government Agency or Subagency This document contains proposed changes to the Form 5500 Annual Return/Report forms, including the Form 5500, Annual Return/ Report of Employee Benefit Plan (Form 5500 Annual Return/Report), and the Form 5500-SF, Short Form Annual Return/Report of Small Employee Benefit Plan (Form 5500-SF). The annual returns/reports are filed for employee pension and welfare benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code). The proposed revisions in this Notice reflect efforts of the Department of Labor, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation (collectively Agencies) to improve employee benefit plan reporting for filers, the public, and the Agencies by modernizing financial information filed regarding plans; updating fee and expense information on plan service providers with a focus on harmonizing annual reporting requirements with the Department of Labor's final disclosure requirements enhancing mineability of data filed on annual return/reports; requiring reporting by all group health plans covered by Title I of ERISA, including adding a new Schedule J (Group Health Plan Information); and improving compliance under ERISA and the Code through selected new questions regarding plan operations, service provider relationships, and financial management of the plan. These revisions, which are being proposed in conjunction with a recompete of the ERISA Filing and Acceptance System (EFAST2) contract, if adopted, generally would apply for plan years beginning on or after January 1, 2019. EFAST2 is expected to begin processing the Plan Year 2019 Form 5500 Annual Return/Report beginning January 1, 2020. The proposed revisions would affect employee pension and welfare benefit plans, plan sponsors, administrators, and service providers to plans subject to annual reporting requirements under ERISA and the Code. 81 FR 47534 https://www.govinfo.gov/app/details/FR-2016-07-21/2016-14893 2016-14893 fr21jy16-22 RIN 1210-AB63 4510-29-P https://www.govinfo.gov/app/details/FR-2016-07-21/2016-14893 https://www.govinfo.gov/content/pkg/FR-2016-07-21/html/2016-14893.htm https://www.govinfo.gov/content/pkg/FR-2016-07-21/pdf/2016-14893.pdf 148 p. 47534 47681 81 FR 47534 Title 26 Part 301 26 CFR Part 301 Title 29 Part 2520 29 CFR Part 2520 Title 29 Part 2590 29 CFR Part 2590 Title 29 Part 4065 29 CFR Part 4065 RIN 1210-AB63 Proposed Revision of Annual Information Return/Reports; Federal Register Vol. 81, Issue PRORULE 2016-14893 III DEPARTMENT OF LABOR Employee Benefits Security Administration DEPARTMENT OF THE TREASURY Internal Revenue Service PENSION BENEFIT GUARANTY CORPORATION 2016-10-04 4510-29-P 2016-14893 Notice of proposed forms revisions.

This document contains proposed changes to the Form 5500 Annual Return/Report forms, including the Form 5500, Annual Return/ Report of Employee Benefit Plan (Form 5500 Annual Return/Report), and the Form 5500-SF, Short Form Annual Return/Report of Small Employee Benefit Plan (Form 5500-SF). The annual returns/reports are filed for employee pension and welfare benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code). The proposed revisions in this Notice reflect efforts of the Department of Labor, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation (collectively Agencies) to improve employee benefit plan reporting for filers, the public, and the Agencies by modernizing financial information filed regarding plans; updating fee and expense information on plan service providers with a focus on harmonizing annual reporting requirements with the Department of Labor's final disclosure requirements enhancing mineability of data filed on annual return/reports; requiring reporting by all group health plans covered by Title I of ERISA, including adding a new Schedule J (Group Health Plan Information); and improving compliance under ERISA and the Code through selected new questions regarding plan operations, service provider relationships, and financial management of the plan. These revisions, which are being proposed in conjunction with a recompete of the ERISA Filing and Acceptance System (EFAST2) contract, if adopted, generally would apply for plan years beginning on or after January 1, 2019. EFAST2 is expected to begin processing the Plan Year 2019 Form 5500 Annual Return/Report beginning January 1, 2020. The proposed revisions would affect employee pension and welfare benefit plans, plan sponsors, administrators, and service providers to plans subject to annual reporting requirements under ERISA and the Code.

Written comments must be received by the Department of Labor on or before October 4, 2016. Mara S. Blumenthal, Employee Benefits Security Administration (EBSA), U.S. Department of Labor, (202) 693- 8523, for questions relating to changes to the Form 5500, Form 5500-SF, Schedules A, C, D, G, and H, as well as the general reporting requirements under Title I of ERISA; Suzanne Bach, EBSA, U.S. Department of Labor, 202-693-8440, for questions relating to the collection of group health plan information; Leslie Larson, Internal Revenue Service (IRS), at the IRS taxpayer assistance answering service at 1-877-829-5500 (a toll-free number), for questions relating to Schedule R, Schedule E, as well as the general reporting requirements under Internal Revenue Code (Code); Steven Klubock, IRS, at 1-877-829- 5500, for IRS questions relating to the Schedules MB and SB; and Grace Kraemer or Theresa Anderson, Pension Benefit Guaranty Corporation (PBGC), (202) 326-4000 for questions relating to Schedules MB and SB of the Form 5500, and Lines 14 and 19 of Schedule R, as well as questions relating to the general reporting requirements under Title IV of ERISA. For further information on an item not mentioned above, contact Ms. Blumenthal. The telephone numbers referenced above are not toll-free numbers, except as otherwise provided. Annual Information Return/Reports , e-ORI@dol.gov ebsa.opr@dol.gov PBGCTrusteedPlan@dol.gov standard@pbgc.gov http://federalregister.gov/a/2014-23161 http://www.askebsa.dol.gov/mewa http://www.bloomberg.com/company/announcements/u-s-bank-adopts-bloombergs-new-industry-standard-for-trustee-reporting/ http://www.dol.gov/ebsa http://www.dol.gov/ebsa/faqs/faq-sch-C-supplement.html http://www.dol.gov/ebsa/foia/foia.html http://www.dol.gov/ebsa/pdf/cagappa.pdf http://www.dol.gov/ebsa/pdf/rdguide.pdf http://www.gao.gov/new.items/d09291.pdf http://www.irs.gov/Retirement-Plans/Form-5330-Corner http://www.oecd.org/finance/private-pensions/oecdiopsgoodpracticesonpensionfundsuseofalternativeinvestmentsandderivatives.htm http://www.RegInfo.gov http://www.regulations.gov http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543184660 http://www.treasury.gov/initiatives/fsoc/Documents/FSOC%202014%20Annual%20Report.pdf https://federal-ein-online.com/ https://www.cms.gov/cciio/ https://www.dol.gov/ebsa/pdf/ACASelfFundedHealthPlansReport2015.pdf https://www.irs.gov/Retirement-Plans/IRS-Compliance-Questions-on-the-2015-Form-5500-Series-Returns www.dol.gov www.dol.gov/ebsa www.dol.gov/ebsa/actuarialsearch.html www.dol.gov/ebsa/calculator/dfvcpmain.html www.dol.gov/ebsa/faqs www.dol.gov/ebsa/faqs/faq-EFAST2.html www.dol.gov/ebsa/foia/foia-5500.html www.dol.gov/ebsa/healthreform www.dol.gov/ebsa/publications/2008ACreport1.html www.dol.gov/ebsa/publications/2010ACreport2.html www.dol.gov/ebsa/publications/2011ACreport3.html www.dol.gov/ebsa/publications/2013ACreport2.html www.dol.gov/ebsa/publications/2013ACreport3.html#2 www.efast.dol.gov www.finra.org/Investors/ProtectYourself/InvestorAlerts/TradingSecurities/P131262 www.fms.treas.gov/c570 www.gao.gov/assets/300/298052.pdf www.gao.gov/assets/650/648285.pdf www.gao.gov/assets/660/659211.pdf www.gao.gov/products/GAO-08-692 www.gao.gov/products/GAO-12-325 www.gao.gov/products/GAO-14-441 www.irs.gov www.irs.gov/ep www.irs.gov/formspubs/ www.irs.gov/orderforms www.oig.dol.gov/public/reports/oa/2012/09-12-002-12-121.pdf www.oig.dol.gov/public/reports/oa/2013/09-13-001-12-121.pdf www.oig.dol.gov/public/reports/oa/2014/05-14-003-12-121.pdf www.pbgc.gov/practitioners www.pbgc.gov/practitioners/ www.treasury.gov/tigta/auditreports/2011reports/201110108fr.pdf Vol. 81, no. 140 Office of the Federal Register, National Archives and Records Administration 2016-07-21 continuing daily deposited born digital 413 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2016-07-21 P0b002ee1985bc923 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr21jy16 https://www.govinfo.gov/app/details/FR-2016-07-21 https://www.govinfo.gov/content/pkg/FR-2016-07-21/pdf/FR-2016-07-21.pdf https://www.govinfo.gov/content/pkg/FR-2016-07-21/xml/FR-2016-07-21.xml fdlp 47285 47687 DGPO 2018-02-08 2024-06-01 FR-2016-07-21 machine generated eng FR FR-2016-07-21 81 140