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An employer with 120 participants offering a cafeteria plan must annually file what form?

A. Suspended in 2002 no filing needed
B. Form 5500 C/R
C. Form 5500
D. Form 5550 C/R

User Anvil
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Final answer:

An employer with 120 participants in a cafeteria plan must annually file Form 5500 to report on the plan's operation and compliance with government regulations. Option C

Step-by-step explanation:

An employer offering a cafeteria plan with 120 participants must file the Form 5500 annually. Form 5500 is used to provide information about the plan's operation and compliance with government regulations.

It must be filed by the last day of the seventh month after the plan year ends, with an extension option available if needed. For instance, if a plan year ends on December 31, the form is typically due by July 31 of the following year. Option C

User Vijayant Bhatia
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