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NAPEO Letter on Deregulation and Form 5500
NAPEO submitted a letter about DOL Form 5500 in response to the Office of Management and Budget's request for information (RFI) on unnecessary regulations. NAPEO remains very concerned with this rule that subjects the PEO industry, the employers who contract for PEO services and their employees with significant and unfounded cybersecurity and fraud risks – specifically, the rule that requires multiple employer plans to publicly report and disclose specific information on each participating employer.
Field Assistance Bulletin
This Field Assistance Bulletin provides guidance and temporary penalty relief related to certain Form 5500 Annual Return/Report requirements for multiple employer plans (MEPs) subject to Title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA).
Legal memorandum laying out the legal authority DOL has to protect employer information
Legal memorandum written by the Groom Law Group laying out the legal authority the Department of Labor has to protect participating employer information.
Form 5500 Interim Final Regulation and filing instructions
This interim final rule describes revisions to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500–SF Annual Return/Report of Small Employee Benefit Plan (together ‘‘Form 5500 Annual Return/Report’’) to implement annual reporting changes for multiple employer plans required by The Cooperative and Small Employer Charity Pension Flexibility Act (CSEC Act), enacted on April 7, 2014.