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Form 5500 Filing Simplification Act

USA119th CongressHR-7362| House 
| Updated: 2/4/2026
Glenn Grothman

Glenn Grothman

Republican Representative

Wisconsin

Cosponsors (10)
Donald Norcross (Democratic)Andy Harris (Republican)Rick W. Allen (Republican)Michael A. Rulli (Republican)Joe Wilson (Republican)Mark B. Messmer (Republican)Abraham J. Hamadeh (Republican)Randy Fine (Republican)James C. Moylan (Republican)Mark Harris (Republican)

Ways and Means Committee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill seeks to streamline the reporting requirements for employee benefit plan administrators under the Employee Retirement Income Security Act of 1974 (ERISA). A primary provision extends the deadline for filing the annual Form 5500 and related reports to October 15th for calendar year plans, moving it from the current earlier dates. This change provides administrators with additional time to prepare and submit the necessary documentation, aligning the deadline more closely with tax filing extensions. Furthermore, the legislation mandates the Secretaries of Treasury and Labor, along with the Director of the Pension Benefit Guaranty Corporation (PBGC), to modify reporting forms to permit electronic signatures . This modernization effort aims to simplify the submission process and reduce administrative burdens. The bill also includes provisions for disaster relief , allowing for later filing times if a plan or its participants are affected by a disaster. It requires the Secretary of the Treasury to conform existing regulations and guidance to these new deadlines and electronic signature provisions. Plans are permitted to rely in good faith on the new provisions until the electronic signature modifications are fully implemented. The changes will apply to plan years ending on or after the date the Act is enacted, ensuring a timely transition for affected plans.
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Timeline
Feb 4, 2026
Introduced in House
Feb 4, 2026
Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • February 4, 2026
    Introduced in House


  • February 4, 2026
    Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Labor and Employment

Form 5500 Filing Simplification Act

USA119th CongressHR-7362| House 
| Updated: 2/4/2026
This bill seeks to streamline the reporting requirements for employee benefit plan administrators under the Employee Retirement Income Security Act of 1974 (ERISA). A primary provision extends the deadline for filing the annual Form 5500 and related reports to October 15th for calendar year plans, moving it from the current earlier dates. This change provides administrators with additional time to prepare and submit the necessary documentation, aligning the deadline more closely with tax filing extensions. Furthermore, the legislation mandates the Secretaries of Treasury and Labor, along with the Director of the Pension Benefit Guaranty Corporation (PBGC), to modify reporting forms to permit electronic signatures . This modernization effort aims to simplify the submission process and reduce administrative burdens. The bill also includes provisions for disaster relief , allowing for later filing times if a plan or its participants are affected by a disaster. It requires the Secretary of the Treasury to conform existing regulations and guidance to these new deadlines and electronic signature provisions. Plans are permitted to rely in good faith on the new provisions until the electronic signature modifications are fully implemented. The changes will apply to plan years ending on or after the date the Act is enacted, ensuring a timely transition for affected plans.
View Full Text

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Timeline
Feb 4, 2026
Introduced in House
Feb 4, 2026
Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • February 4, 2026
    Introduced in House


  • February 4, 2026
    Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Glenn Grothman

Glenn Grothman

Republican Representative

Wisconsin

Cosponsors (10)
Donald Norcross (Democratic)Andy Harris (Republican)Rick W. Allen (Republican)Michael A. Rulli (Republican)Joe Wilson (Republican)Mark B. Messmer (Republican)Abraham J. Hamadeh (Republican)Randy Fine (Republican)James C. Moylan (Republican)Mark Harris (Republican)

Ways and Means Committee, Education and Workforce Committee

Labor and Employment

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted