Reporting and auditing requirements for funded welfare plans.

• Author: Josephs, Stuart R.
• Position: Brief Article

The example in the Tax Clinic item, "Annual Filing Requirements for Employee Fringe Benefit Plans," TTA, May 1990, at 288, indicated that a funded employee welfare benefit plan, such as a funded uninsured medical plan, covering fewer than 100 participants (as of the beginning of the plan year), must file form 5500, Annual Return/Report of Employee Benefit Plan, together with an independent qualified public accountant's opinion.

This view had been unofficially and informally expressed by an appropriate individual in the U.S. Department of Labor...