If the total of the Solo 401(k) plan assets, (and the assets of all other plans maintained by you or your business,) exceed $250,000 at the end of the plan year, you are required to file Form 5500-EZ. The end of the plan year is typically December 31st.
The 5500-EZ is due on the last day of the seventh month after the end of the plan year. If the end of your plan year is 12/31/2021, then your 5500-EZ must be filed by 07/31/22.
1. The first step is to download the form from the IRS website. You can do that here: http://www.irs.gov/pub/irs-pdf/f5500ez.pdf
2. The next step is to fill out the form. We have created a PDF that guides you through the form which you can find here.
3. Once you have finished filling out the form, mail it to the IRS.
One Paragon Drive
Montvale, NJ 07645
Phone: (800) 395-5200
Mondays – Thursdays: 8:00 am – 6:00 pm EST
Fridays – 10:00 am – 4:00 pm EST