Form 5500 Filing Simplification Act
Sponsored By: Representative Grothman, Glenn [R-WI-6]
Introduced
Summary
Simplify and modernize Form 5500 filings. This bill would change filing deadlines, permit electronic signatures, and add disaster-related extensions for employee benefit plan reports.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Electronic signatures for plan filings
If enacted, this bill would let the Treasury, Labor, and PBGC allow returns and ERISA reports to be signed electronically. It would apply to returns under Internal Revenue Code section 6058 and reports under ERISA sections 104 and 4065, and to any information filed with them. The bill would treat a plan as complying if it signs in good faith until agencies finish the rule changes. The amendments would apply to plan years ending on or after the date of enactment.
Later filing deadlines for retirement plans
If enacted, this bill would change when some retirement plan reports and participant notices are due. It would replace the old 210-day and 6-month rules with a new due date: 15 days after the end of the ninth calendar month after the plan year ends. The Secretary could set a later deadline for plans, sponsors, administrators, participants, beneficiaries, or others hit by a disaster, fire, or an action described in section 7508A(b) of the Internal Revenue Code. The change would apply to plan years ending on or after the date of enactment.
Sponsors & CoSponsors
Sponsor
Grothman, Glenn [R-WI-6]
WI • R
Cosponsors
Norcross
NJ • D
Sponsored 2/4/2026
Rep. Hamadeh, Abraham J. [R-AZ-8]
AZ • R
Sponsored 2/4/2026
Rep. Wilson, Joe [R-SC-2]
SC • R
Sponsored 2/4/2026
Rep. Fine, Randy [R-FL-6]
FL • R
Sponsored 2/4/2026
Del. Moylan, James C. [R-GU-At Large]
GU • R
Sponsored 2/4/2026
Messmer
IN • R
Sponsored 2/4/2026
Rep. Rulli, Michael A. [R-OH-6]
OH • R
Sponsored 2/4/2026
Allen
GA • R
Sponsored 2/4/2026
Harris (NC)
NC • R
Sponsored 3/12/2026
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 4/30/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov