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
- 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. EST, the agency said. More information will be available at www.dol.gov/ebsa or by contacting Patricia Humphlett at 202.693.8660.