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How to Identify a Defined Benefit Plan's Financial Statement

Tuesday, October 27, 2009
Related Tags: plan | 5500 | statement | wwwfreeerisacom | benefit
 

Instructions

How to Identify a Defined Benefit Plan's Financial Statement

  • Step 1:
    Identify the name of the defined benefit plan. Write down the exact plan name in order to search for the plan's financial statement.
  • Step 2:
    Visit www.freeerisa.com. Register for the site and confirm the registration through your email address.
  • Step 3:
    Find the plan's 5500. Once you're registered, search the site using the plan's exact name. Typically, several years worth of filings will be displayed; select the most recent filing and print or save the form.
  • Step 4:
    Find the summary annual report. This is a one-page document with a summary of certain financial data; it is mailed to plan all participants automatically.
  • Step 5:
    The 5500 and SAR make up the plan's financial statement. This information can be used to determine the financial health of the plan.

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