Each year, the Department of Labor and IRS require qualified benefit plans to file Form 5500 “Annual Return/Report of Employee Benefit Plan” seven months after the close of each plan year. NADART will prepare this document for its plan sponsors and submit it electronically to the Department of Labor processing center.

Each spring, NADART provides plan sponsors with a Plan Census for completion. The completed questionnaires are used by NADART in preparing the filing.

• For plans with less than 100 participants, the cost of filing is included in the quarterly administration fee.
• For plans with more than 100 participants, an independent audit is required and an additional audit preparation fee is charged. For plans that require an independent auditor, NADART contracts with a major accounting firm to conduct audits in the NADART offices for plans or the plan sponsor may contract with their own independent auditor if they wish.