Rep. Glenn Grothman (R-Wisc.) and Rep. Donald Norcross (D-N.J.) have introduced legislation aimed at easing Form 5500 filing burdens. The bill, H.R. 7362, known as the Form 5500 Filing Simplification Act, was introduced on February 4, 2026.
Among other changes, if passed, the bill would extend the deadline for filing the form by nearly three months. For calendar-year plans, the deadline would shift from July 31 to October 15.
The bill has been referred to the House Committee on Education & the Workforce, as well as the Ways and Means Committee, for consideration.
Sources:
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https://grothman.house.gov/news/documentsingle.aspx?DocumentID=5036
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https://www.congress.gov/bill/119th-congress/house-bill/7362?locir=cqa-committee
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https://www.asppa-net.org/news/2026/2/form-5500-more-time-to-comply/
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https://www.napa-net.org/news/2026/2/bipartisan-bill-introduced-to-simplify-form-5500-reporting/
