Form 5500 Schedule SB Single-Employer Defined Benefit Plan Actuarial Information - Sample

What Is Form 5500 Schedule SB?

This is a legal form that was released by the U.S. Department of Labor - Employee Benefits Security Administration on April 13, 2022 and used country-wide. The document is a supplement to Form 5500, Annual Return/Report of Employee Benefit Plan - Sample. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 5500 Schedule SB?
A: Form 5500 Schedule SB is a form used to report actuarial information for single-employer defined benefit plans.

Q: What is a single-employer defined benefit plan?
A: A single-employer defined benefit plan is a retirement plan where the benefit amount is determined by a specified formula based on the employee's salary and years of service.

Q: Who needs to file Form 5500 Schedule SB?
A: Employers who sponsor single-employer defined benefit plans are required to file Form 5500 Schedule SB.

Q: What type of actuarial information is reported on Form 5500 Schedule SB?
A: Form 5500 Schedule SB reports information related to the funding and financial status of the defined benefit plan, including the plan's assets, liabilities, and actuarial assumptions.

Q: Is there a sample Form 5500 Schedule SB available?
A: Yes, there is a sample Form 5500 Schedule SB that can be used as a reference when preparing the form.