RENEE KUHS
Compliance Attorney

When I talk to employers about 5500 filing requirements, more often than not they tell me their accountant files their 5500 filings and they are compliant.  These employers are no doubt referring to the 5500 filing requirements applicable to their 401(k) or retirement plans.  While I don’t practice in this area, it appears that the financial institutions which service 401(k)s and retirement plans are very familiar with this highly regulated area and have adapted by providing their clients with all the services they need to comply, including filing the 5500s filings associated with these plans.