Form 5500-EZ Annual Return of A One-Participant (Owners-2025

Show details

4.3 out of 5

56 votes

Form 5500-EZ is an annual return required by the IRS for one-participant retirement plans or certain foreign plans, as mandated under section 6058(a) of the Internal Revenue Code. The document outlines the necessary identification information, basic plan details, financial data, and compliance questions that must be completed for the calendar or fiscal year 2024. It serves to report on plan assets, liabilities, contributions, and participant statistics while ensuring adherence to regulatory requirements.

Here's how it works

01. Edit your form 5500 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 5500 ez via email, link, or fax. You can also download it, export it or print it out.

The best way to edit Form 5500-EZ Annual Return of A One-Participant (Owners in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Working on paperwork with our extensive and intuitive PDF editor is easy. Make the steps below to fill out Form 5500-EZ Annual Return of A One-Participant (Owners online easily and quickly:

Log in to your account. Log in with your email and password or register a free account to test the product before upgrading the subscription.
Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form 5500-EZ Annual Return of A One-Participant (Owners. Quickly add and highlight text, insert pictures, checkmarks, and symbols, drop new fillable areas, and rearrange or delete pages from your document.
Get the Form 5500-EZ Annual Return of A One-Participant (Owners completed. Download your updated document, export it to the cloud, print it from the editor, or share it with other people via a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to promptly handle your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How to count participants for Form 5500?

The new methodology involves counting the number of participants with account balances on the first day of the plan year. ing to Form 5500, a plan is generally considered large if it has at least 100 participants with active accounts, triggering the requirement for an audit.

Who is eligible to file form 5500-EZ?

You will file the Form 5500-EZ if your plan: Is a one-participant 401(k) plan. A one-participant plan is a plan that covers only: An owner who owns the entire business and their spouse. One or more partners in a business partnership and their spouses.

What is a one-participant plan?

The one-participant 401(k) plan isnt a new type of 401(k) plan. Its a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse. These plans have the same rules and requirements as any other 401(k) plan.

What is the difference between form 5500 and 5500-EZ?

There are 3 types of Form 5500: Form 5500-EZfor one-participant plans only; Form 5500-SF for plans with fewer than 100 participants; and Form 5500for plans with 100 or more participants. Forms 5500 and 5500-SF must be filed electronically using the DOL ERISA Filing Acceptance System (EFAST2)Opens in a new window.

Who is considered a plan participant?

A plan participant can mean either a working or retired person receiving distributions from a plan, a beneficiary, or a dependent named by a contributing member.

5500 form

Form 5500 ez annual return of a one participant owners online Form 5500 ez annual return of a one participant owners 2022 Form 5500 ez annual return of a one participant owners download Form 5500-EZ instructions Form 5500 ez annual return of a one participant owners instructions Who is exempt from filing Form 5500 Form 5500 Search Form 5500 instructions

Who is a participant for 5500 purposes?

A one-participant plan, for purposes of the Form 5500-EZ, means a retirement plan not subject to the annual ERISA Title I reporting requirements that only covers the owner who owns the entire business (whether or not incorporated) and owners spouse, or one or more partners, and their spouses in a business

Who counts as a participant for 5500?

The new participant counting methodology The new rules state that for plan years beginning on or after January 1, 2023, only participants with account balances at the beginning of the year will be counted. It is important to note that this includes retired, deceased or separated employees with assets in the plan.

What is an eligible participant in a 401k plan?

An eligibility date is when an employee has satisfied all requirements for plan participation. An entry date is when you enroll them in the plan. For example: Your new hire is older than 21 and reaches 1,000 hours of service on February 12, which is their eligibility date.