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Release Date: 09/24/2003
Release Number: 03-27
Contact Name: Gloria Della
Phone Number: 202.693.8664
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Washington, DC - The U.S. Department of Labor’s
Employee Benefits Security Administration (EBSA), the Internal Revenue
Service and the Pension Benefit Guaranty Corporation today announced an
extension of the deadline for filing Form 5500 and Form 5500-EZ annual
returns/reports due to property damage, destruction and power outages that
resulted from Hurricane Isabel. |
“Hurricane
Isabel severely damaged many businesses at a time when a majority of
employee benefit plans are due to file annual financial reports,” said
Assistant Secretary of Labor Ann L. Combs. “In recognition of the
hardship suffered by employers, plan administrators and other benefit
professionals affected by the hurricane, it is necessary to give
additional time to meet plan filing obligations.” |
The
extension applies to plan administrators, employers and other entities
located in areas directly affected as identified in IRS’s Tax Relief at
www.irs.gov/newsroom/article/0,,id=113066,00.html. The extension also
applies to filers located outside the affected areas who were unable to
obtain the necessary information from service providers, banks or
insurance companies whose operations were directly affected by the
hurricane. |
Under
this relief, Form 5500 series filings required to be filed on or between
September 18, 2003 and November 18, 2003 are granted an extension until
November 18, 2003. |
Filers
entitled to this extension of relief should check Part 1, Box D, on the
Form 5500 or Part 1, Box B on Form 5500-EZ, and attach a statement labeled
“Hurricane Isabel 2003” explaining the basis for the extension being
claimed under this relief. Filers who have additional questions may
contact the EFAST Help Line at 1.866.463.3278. |
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U.S. Department of Labor
news releases are accessible on the Internet. The information in this news
release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing
your request. Call 202.693.7773 or TTY 202.693.7755. |
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