Benefits Tip: Retirement 5500 SAR

The Employee Retirement Income Security Act of 1974 (ERISA) requires employers to file annual reports with the Internal Revenue Service and the U.S. Department of Labor on the status of their various employee benefit plans, and to provide employees with a summary of those reports, called a Summary Annual Report. You can review the full report of the 5500 SAR filed with the Internal Revenue Service for ACU’s 403(b) retirement plan.