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About The ERISA Filing Acceptance System II (EFAST2)

EFAST2, an all-electronic system, receives and displays Forms 5500 and 5500-SF Annual Returns/Reports. The Form 5500-SF (Short Form) can be used by small plans (generally fewer than 100 participants) that meet certain other conditions. EFAST2 is available on www.efast.dol.gov.

Under the Department of Labor’s Final Rule on Annual Reporting and Disclosure, all Form 5500 Annual Returns/Reports must be filed electronically. Under the all-electronic EFAST2, filers choose between using EFAST2-approved vendor software or the EFAST2 web-based filing system (IFILE) to prepare and submit the Form 5500 or Form 5500-SF. Completed forms are submitted via the Internet.

EFAST2 electronic credentials must be obtained to sign and/or submit the Form 5500 or Form 5500-SF, or to prepare a return/report in IFILE. EFAST2 electronic credentials can be obtained by registering on the EFAST2 web site (www.efast.dol.gov).

Nearly all filings that are received by the EFAST2 electronic filing system will be posted on the Department of Labor's EFAST2 web site. For more information on Form 5500 disclosure, see EFAST2 FAQ #42.