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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.
You can use EFAST2 Internet Filing (IFILE), which is a free Internet-based filing tool designed for individual filers and service providers who choose to not use value-added, EFAST2-approved third party software to complete their Form 5500/Form 5500-SF filings.
Even though the form is filed electronically, plan sponsors are still required to retain a copy of the 5500 with wet signature in their permanent plan records. That doesnt necessarily mean an actual paper copy; a PDF is acceptable as long as it clearly shows the actual signature.
File online using EFAST2s web-based filing system or. File through an EFAST2-approved vendor. Detailed information on electronic filing is available on the EFAST2 website at .efast.dol.gov. If you have questions and need help in completing this form, please call the IRS Help Desk at 877-829-5500.
About the Form 5500 Any administrator or sponsor of an employee benefit plan subject to ERISA must file information about each benefit plan every year (pursuant to Code section 6058 and ERISA sections 104 and 4065).
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For the Form 5500 Series: To electronically submit the Form 5500, 5500-SF, or 5500EZ, you may use EFAST2-approved third-party software or you may use IFILE.

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