Dmitriy Fomichenko

Dmitriy is the founder and president of Sense Financial Services LLC, boutique financial firm specializing in self-directed retirement accounts with checkbook control. He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Over the years, he has instructed hundreds of investment and financial planning seminars and has mentored thousands of investors.

2 Comments

  1. Paul Konrad
    July 27, 2016 @ 7:37 pm

    From the instructions:

    Who Does Not Have To File Form
    5500-EZ
    You do not have to file Form 5500-EZ for the 2015 plan
    year for a one-participant plan if the total of the plan’s
    assets and the assets of all other one-participant plans
    maintained by the employer at the end of the 2015 plan
    year does not exceed $250,000, unless 2015 is the final
    plan year of the plan. For more information on final plan
    years, see Final Return later.
    Example. If a plan meets all the requirements for filing
    Form 5500-EZ and its total assets (either alone or in
    combination with one or more one-participant plans
    maintained by the employer) exceed $250,000 at the end
    of the 2015 plan year, Form 5500-EZ must be filed for
    each of the employer’s one-participant plans including
    those with less than $250,000 in assets for the 2015 plan
    year.

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