ftwilliam.com Announces EFAST2 Form 5500 Software

January 25, 2010 (PLANSPONSOR.com) – Employee benefits software provider ftwilliam.com has released its EFAST 2 Form 5500 software.

Joe Bremer, Director of Technical Services stated in the announcement: “The most important update we’ve made to our software is the Web-portal for the new EFAST 2 e-filing requirement. The portal enables form signers to view draft 5500 filings, upload attachments, edit the filing, and sign and submit filings directly to the DoL.” The DoL’s EFAST2 system became fully operational December 31, 2009 (see EFAST2 Ready for Online Form 5500 Filings).

In addition, ftwilliam.com has added a workflow management feature to assist customers in keeping track of filing status. Other improvements include streamlined data entry, easier edit checking, and improved navigation, the announcement said.

Any new ftwilliam.com customer can convert to ftwilliam.com by using the 55Autotfill feature which automatically imports the prior year’s Form 5500 filing from the DoL database into the current year’s forms.  The company also offers other tools for data conversion. Multiple concurrent users are allowed free of charge.  

To assist with the transition to EFAST 2, the company is hosting a series of, “EFAST 2 – What you need to know,” Webinars free of charge. The Webinars will cover details regarding EFAST 2 and provide a demonstration of the company’s Form 5500 Software. More information is at http://www.ftwilliam.com/webinar.html.