Form 5500 EZ is an important regulatory filing that can alert the IRS of plan errors with significant fines and penalties. Form 5500 EZ is used by one-participant plans that are not subject to the requirements of ERISA and that are not eligible or choose not to file Form 5500 SF. Learn about the importance of this sometimes overlooked filing, common errors, and remediation.
Kim is a managing director in BDO’s Compensation and Benefit Services practice. With over 20 years of experience in ERISA, she supervises a team of professionals and is responsible for all aspects of qualified plans including government and tax compliance, ERISA consulting, technical review, internal quality control, and retirement plan design and administration. Kimberly is also responsible for medical plan consulting, including welfare benefit and specializes in the Affordable Care Act and is an integral part of the leadership team in the Firm’s growing defined benefit practice. She is a tax compliance expert for the Firm’s Assurance Employee Benefit Practice in addition to a technical advisor for the Firm’s national compliance help desks. She is also a business development leader for the Compensation and Benefits global team nationally. Kim is a frequent writer and lecturer including speaking at the AICPA’s annual Employee Benefit Conference.