closeup shot of sign in front of DOL building and part of the building (photo: Michael Scarcella/ALM Media)

The Department of Labor, the Internal Revenue Service and the Pension Benefit Guaranty Corporation made final changes to 2023 Form 5500 and Form 5500-SF employee benefit plan reports this week. The changes, which take into account developments such as pooled employer plans (PEPs), could reduce filing costs by $95 million each year.

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