July 31 Form 5500 Deadline Reminders
July 16, 2021
July 31 Form 5500 Deadline Reminders

July 31 is the deadline for sponsors of non-calendar-year benefit plans to file Form 5500, Annual Return/Report of Employee Benefit Plan, with the IRS. Plan sponsors can request an extension to Oct. 15 by filing Form 5558, Application for Extension of Time to File Certain Employee Plan Returns.

Form 5500 and related instructions or, for smaller filers generally with fewer than 100 participants, Form 5500-SF (short form) and instructions, are used to report the financial conditions, investments and operations of benefit plans. Annual forms are filed for:

Retirement and savings plans, such as defined benefit pension plans and 401(k)s or similar defined contribution, profit-sharing and stock bonus plans.
Health and welfare plans, such as medical, dental, life insurance and disability benefits plans.
Typically, the form is due on the last day of the seventh month after the plan year ends—July 31 for calendar-year plans—with an optional two-and-a-half-month extension.

In addition, Form 5500-EZ is the annual information return filed by one-participant retirement plans (covering owners and their spouses), such as a Solo 401(k), with plan assets of more than $250,000 as of Dec. 31 of the prior year.

Back to previous page