According to an EBSA news release, the Webcast will cover:
- the new simplified annual reporting form for small plans with easy to value investments;
- expanded reporting by large plans of compensation received by plan service providers;
- realignment of the reporting rules for 403(b) plans subject to Title I of the Employee Retirement Income Security Act (ERISA) to make them on par with 401(k) plans; and
- annual reporting changes required by the Pension Protection Act or defined benefit pension plans and multiemployer plans.
The modernized version of the ERISA Filing Acceptance System – known as EFAST2 – will receive only electronic filing submissions, provide quick responses in the event there are errors in a filing and publicly disclose filed Form 5500 reports through the EFAST Web site.
The Webcast will take place from noon to 2 p.m. E.S.T., the agency said. More information will be available at http://www.dol.gov/ebsa or by contacting Patricia Humphlett at 202-693-8660.