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401(k) Plans and Corporations: Return the Employee Census to the Program

February 12

If You Sponsor A 401(K) Plan And/Or Your Firm Is A Corporation: Return The Employee Contribution Census To The Program.
  1. Check, correct and complete the Employee and Contribution Census after receiving it via email from the Program.
  2. If you have not previously provided the Program with a participant’s termination or rehire date, or your newly eligible employees, use the census to do so.
Census Materials: What Are They Used For?
The census materials help the Program gather information it needs to take certain actions you request, such as:
  • 401(k) plan nondiscrimination testing (if applicable)
  • Contribution calculation
  • Top-heavy testing
To keep your information up to date, we ask that you complete and return the census. If you have not previously provided the Program with a participant’s termination or rehire date, use the census to do so.
For more information on compliance testing, please visit the “Compliance and Communications” section of our online Plan Administrator Guide at www.abaretirement.com/ePAG/compliance-communications/.

 

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Details

Date:
February 12

Other

User Type
Plan Admin, Participant

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