Why do I have to use an electronic passcode to “sign”?
The IRS Form 5500 is "open to public inspection". The DOL wanted to make these forms available immediately upon signing. To accomplish this, they made use of a passcode to speed-up the process so that the form could be received, verified, and posted to their public website within days. Do note that just because they have posted the Form 5500, does not mean that the plan is not subject to audit or investigation or even that the Form is approved.