Form 5500-EZ
IRS annual return for one-participant retirement plans (owner-only Solo 401(k), partner-spouse plan, or foreign plan).
Definition
Form 5500-EZ is the short-form Annual Return of A One-Participant (Owners/Partners and Their Spouses) Retirement Plan filed with the IRS. It applies when combined one-participant plan assets exceed $250,000 at year end or when the plan has a final year. It is filed on paper unless the sponsor must file 10 or more IRS returns in the calendar year, in which case Form 5500-EZ must be filed electronically through EFAST2.
Related terms
Form 5500-SFDOL/IRS short-form annual return for eligible small employee benefit plans (under 100 participants).EFAST2Department of Labor's electronic filing system for Form 5500-series returns.One-participant planRetirement plan that covers only the business owner(s) and their spouse(s), or only partners and their spouses.