Form 5500s for Calendar Year Plans are Due by July 31st
The IRS, Department of Labor, and Pension Benefit Guaranty Corporation require Form 5500 filings for employee benefit plans with 100 or more participants to meet annual reporting obligations under ERISA and the Internal Revenue Code.
Plan sponsors must file their Form 5500 by the last day of the seventh month after their plan year ends. For calendar year plans, the deadline is July 31, 2026. The filing reports key information about the benefit plan, including the employer, plan type, participant counts, funding arrangement, and insurance carriers or service providers.
The report is intended to help ensure that employee benefit plans are operated and managed in accordance with prescribed standards and that participants, beneficiaries, and regulators have access to sufficient information to protect the rights and benefits of participants and beneficiaries under employee benefit plans.
Self-Insured Plans Patient-Centered Outcomes Research Institute (PCORI) fee due by July 31st
The deadline to complete your Patient-Centered Outcomes Research Institute (PCORI) fee filing is fast approaching. By July 31st, all self-funded health plans, level-funded health plans and several HRAs for plans ending in the year 2025 must pay the PCORI fee using the second quarter Form 720, Quarterly Federal Excise Tax Return. The fee calculation is based on the average number of lives covered under your health insurance policy or self-insured health plan. IRS notice 2025-61 adjusts the fee to $3.84 per covered individual for health plans ending on or after 10/1/2025 and before 10/01/2026.
At FosterThomas, we specialize in helping companies navigate these compliance requirements seamlessly. Don’t let the PCORI fees or Form 5500 deadlines catch you off guard.