BAS Blog

Question of the Week

Written by BAS | Oct 20, 2016 1:48:21 PM

Q.- What is a summary annual report for a health plan?

A.- Each year, health plans with 100 or more participants must file a Form 5500 with the Department of Labor.  A summary annual report, or SAR, is a summary of the Form 5500 filing.  It must be distributed to participants each year.