Archive for April 2023

2023 Form 5500 – Change in Participant Count Methodology

Recently, the Department of Labor released a notice related to changes to the Form 5500 for plan years beginning on or after January 1, 2023. One of these changes is a change in the participant-counting methodology. Per the DOL Fact Sheet regarding this change, β€œThe counting methodology for defined contribution retirement plans will be based […]