The new ERISA Filing Acceptance System (EFAST2) has five user types which include the filing author, filing signer, and schedule author. It notes that the filing signers are the individuals who will sign the Form 5500 benefits plan. Additional information on the changes of the DOL's filing ...
To file a delinquent Form 5500, you would log in to EFAST2 using your DOL credentials and submit the form and any supporting documentation electronically. Avoid late filing penalties with the help of Paychex Retirement Services. We'll help you prepare and file for a...
Reports the release of application form and instructions for electronic filers of the Form 5500 series by the United States Department of Labor's Pension and Welfare Benefits Administration. Prerequisites for the submission of the application form; Web site used in downloading the form; Details on ...
Peter Gould, EA
The article offers some tips for employers regarding the electronic filing of the Form 5500 using the electronic filing program of the U.S. Department of Labor called EFAST2. It cites the need for the appropriate people to register at the EFAST2 website. Each person registering must indicate ...
According to Watson, electronic filing acceptance system (EFAST) was established by the U.S. Labor Department to process Form 5500s. He also explains that current plans exempted from filing Form 5500 are exempted from filing EFAST. He states that a credential system, known as IREG, is used ...
Cole added that the program will be implemented as part of ERISA Filing Acceptance System (EFAST)-2.EBSCO_bspManaging Plans
The article focuses on the most common filing error for filing Form 5500 among ERISA Filing Acceptance System (EFAST2) filers in the U.S. Department of Labor. It notes that most filers typed in the wrong personal identification number when electronically filing. Marianne Gibbs, EFAST2 technical...
Incorrect electronic signatures make up 95 percent of errors in filing Form 5500. To address this error, the DOL considers to establish a web service.EBSCO_bspManaging Plans
The article focuses on the new Employee Retirement Income Security Act of 1974 (ERISA) Filing Acceptance System II called EFAST2 for Form 5500 electronic filing requirement operating since January 1, 2010 by the U.S. Department of Labor for plan years beginning on or after January 1, 2009. ...