Compliance Alerts

SAR (extended deadline)


December 15, 2020


Group health plans that are subject to the Form 5500 filing requirement (if Form 5500 deadline was extended)


Employers that are required to file a Form 5500 must provide participants with a summary of the information in the Form 5500, called a SAR. The plan administrator generally must provide the SAR within nine months of the close of the plan year. If an extension of time to file the Form 5500 is obtained, the plan administrator must furnish the SAR within two months after the close of the extension period. For calendar year plans, this extended deadline is Dec. 15, 2020.

Plans that are exempt from the annual 5500 filing requirement are not required to provide a SAR. Large, completely unfunded health plans are also generally exempt from the SAR requirement.