Plan Numbers Form For Free

The Plan ID is a 3-digit number that designates one plan from another for the IRS and DOL. Which number goes to what plan is up to the employer in most cases. In the instructions for Form 5500, the IRS informs us that Plan ID numbers are to begin with 501 for a company's first health & welfare plan.

A 401(k) plan sequence number is simply the number that the employer assigns to the plan. It is often referred to as a participant ID or account number, is a unique identifier assigned to each participant in a 401(k) plan.

For a new plan, and if you have never maintained another qualified retirement plan, this Plan Number is ?001.? If you currently have or have ever maintained any other qualified retirement plan(s), this Plan Number should follow consecutively (for example, your first Plan is 001, the next Plan is 002, and so on).

The Form 5500 is filed with the DOL and contains information about a 401(k) plan's financial condition, plan qualifications, and operation. The purpose of the form is to provide the IRS and DOL with information about the plan's operation and compliance with government regulations.

Find 401(k) plan information through the Labor Department By locating the company's Form 5500, an annual report required to be filed for employee benefit plans, you should be able to find contact information and who the plan's administrator was during your employment.

The plan number is a three-digit number that is assigned to the plan by the plan administrator or plan sponsor. This three-digit plan number, in conjunction with the employer's nine-digit employer identification number (or EIN), creates a unique 12-digit number that is used by the DOL to identify the plan.

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.