The IRS will conduct a survey of pension plans which will include solo 401k plans through 2019 to help estimate the amount of time and money it costs retirement plan sponsors to fulfill tax reporting requirements with which they must comply.
The IRS will use this information to learn how to reduce taxpayer burden. All information provided will be used for research purposes only and participation is voluntary. The IRS is using Westat to conduct an online survey of plan sponsors. Only randomly selected plans sponsors may participate in the survey. The randomly selected will be drawn from filers of Form 5500-EZ, Form 5500, and 5500SF for play year 2017. The IRS estimate that it will take 10 to 15 minutes to complete the survey.
You may view the survey by going to the survey link provided in IRS letter you received.
The IRS has stated that participation in the survey is voluntary and that responses will be used for research purposes only and not for enforcement purposes.