$250,000 asset threshold
Combined one-participant plan asset level above which Form 5500-EZ filing becomes required.
Definition
The $250,000 threshold is the combined year-end asset level (across all one-participant plans maintained by the same employer) above which Form 5500-EZ becomes a required annual filing. Below the threshold, an ongoing plan generally need not file unless it has a final year. The threshold has been at $250,000 since 2007.
Why it matters
For IRS Form 5500-EZ, this term helps decide which records, dates, values, or review questions belong in the packet.
How the tool uses it
Solo 5500 treats this as a review signal. The user enters the facts, checks the source-linked explanation, reviews the packet, and files through the official channel when the supported case still fits.
When to check the source
Check the official source when the answer depends on eligibility, late filing relief, official correspondence, valuation, or a fact you cannot verify from your own records.
Source and review date
Last reviewed: . Use the linked source for the official wording behind this term.
Official source: IRS Form 5500-EZ filing notices