Completing Form 5330 and Schedules

To add Form 5330, begin by navigating to the 5500 Module for the specific plan year being filed. The 5330 option is located on the right side of the screen, under the 8955-SSA section. Select the +Add 5330 link in the Draft-Edit column.

After clicking the +Add 5330 link, the form will be added to the plan year, and the system will redirect you to the draft screen for Form 5330. Any available indicative data will automatically populate in the first section of the form.

Once a single 5330 has been added to the plan, the option to add supplemental pages or attachments to the filing will be enabled and a new +Add 5330 link will appear.

Please Note:  The attachments link is only available for 5330 Add-On subscribers.

 The software will automatically assign an identifier to each Form 5330 added (e.g., Form 5330 (1st), Form 5330 (2nd)). This identifier can be updated to any 5-characters by altering the description in the upper left-hand corner of the Form 5330 draft screen.

Additional pages 4 and 5 are available to capture any Schedule C transactions that don't fit within the spaces on Form 5330. Previously added as attachments, these entries must now be fully encompassed on the form, as the IRS's Modernized E-Filing system (MeF) only permits certain attachments.

Once a Form 5330 is added to a plan, the +Add p4/5 link will appear below it. Click this link to add more pages as needed.

 To remove a page added by mistake, click the trashcan icon next to that page; this icon will only appear beside the most recently added page 4/5.

Note: Deleting Form 5330 will also delete all associated page 4/5 entries and attachments for that form.

To upload one or multiple Form 5330s, select the Upload link within the 5330 Box in the 5500 Module. 

In the Form 5330 Upload/Download window, users can:

• Download a sample template and schema CSV files.
• Download existing Form 5330s for one or multiple plans.
• Upload a template file to import data for one or multiple plans simultaneously

Once the template is completed return to the upload page, select the file, and specify the Number of rows before header row.  The upload process will automatically generate any needed supplemental pages (P4/5) for the filing.

Using the sample file provided as an example:

• Choose the CSV file
• Enter 14 in the Number of rows to ignore,  as the official headers start at row 15
  •  If using the Download 5330-Single Plan or All Plans CSV template, this value is “0” unless additional rows were added manually

Each Form 5330 includes its own Attachments link. To add an attachment, simply select the link located directly below the specific Form 5330.

The MeF system permits only specific types of attachments, which are listed below:

Additionally, two unique attachments are either system-generated or must be entered manually in the Attachments screen:

• Reasonable Cause Explanation: Must be typed directly into the attachment window. The software will convert the data into the required XML format automatically.
• Form 8453-TE: Automatically generated and attached by the software when the form is filed.

Uploaded attachments can be viewed by clicking the magnifying glass icon in the FINAL column of the specific 5330.

The Form 8453-TE, found in the Final column of each Form 5330 filing, serves as a declaration of authorization for electronic filing with required signatures and details. 

This non-editable form auto-populates using information from the Form 5330 and user responses during submission.

Please Note: This is a mandatory attachment for all Form 5330 electronic filings. 

Key Functions Include:

• Signature Authorization: It provides the electronic signature needed to validate the e-filing of Form 5330.
• Acknowledgment of Filing: It confirms that the taxpayer has reviewed the form and agrees to its contents.
• Payment Authorization (if applicable): It ensures that the IRS has permission from the filer to withdraw the excise taxes owed from the specified account on the agreed date.