On May 30, 2019, the Department of Labor released an updated form to be used to prepare the Summary Annual Report for welfare plans. At the same time, the Department of Labor released an updated Summary Annual Report for pension plans.
The Summary Annual Report summarizes the information that is reported in the Form 5500 that is filed for the year. It must be distributed to participants within 9 months following the close of the plan year (or, if an extension to file the Form 5500 is given, two months following the close of the extension period). Certain welfare plans are exempt from the requirement to file a Summary Annual Report, including those welfare plans that are exempt from a Form 5500 reporting requirement (as there is nothing to summarize) and welfare plans which are totally unfunded.
While we are pleased to have you contact us by telephone, surface mail, electronic mail, or by facsimile transmission, contacting Kilpatrick Townsend & Stockton LLP or any of its attorneys does not create an attorney-client relationship. The formation of an attorney-client relationship requires consideration of multiple factors, including possible conflicts of interest. An attorney-client relationship is formed only when both you and the Firm have agreed to proceed with a defined engagement.
DO NOT CONVEY TO US ANY INFORMATION YOU REGARD AS CONFIDENTIAL UNTIL A FORMAL CLIENT-ATTORNEY RELATIONSHIP HAS BEEN ESTABLISHED.
If you do convey information, you recognize that we may review and disclose the information, and you agree that even if you regard the information as highly confidential and even if it is transmitted in a good faith effort to retain us, such a review does not preclude us from representing another client directly adverse to you, even in a matter where that information could be used against you.