Sole Proprietors & Corporations: File Form 5500 with the DOL

Sole Proprietors and Corporations: Form 5500 is due to be filed electronically with the DOL by October 16 if your firm requested a six-month extension of the due date of your firm’s income tax return.   Add this deadline to your Outlook calendar by clicking here.

Thanksgiving

The Program will be closed in observance of the holiday.   Add this deadline to your Outlook calendar by clicking here.

Post Thanksgiving Day

The Program will be closed in the afternoon in observance of the holiday.   Add this deadline to your Outlook calendar by clicking here.

Last Day to Make a Retroactive SH NEC for the 2024 Plan Year

401(k) Plans Intended to Comply with the Traditional or Automatic Enrollment Safe Harbor Requirements: If you sponsor a 401(k) plan intended to meet safe harbor requirements in 2025, today (December 1, 2024) is the last day to make a retroactive safe harbor non-elective contribution for the 2024 plan year.   Add this deadline to your … Continued

Send Qualified Default Investment Alternative (QDIA) to Participants

All Plans: If you have elected a Qualified Default Investment Alternative (QDIA) for your plan, it is required that all participants and beneficiaries on whose behalf an investment in a QDIA may be made in 2025, receive the annual notice by December 2. Please refer to the sample notice and information for more details.   Add … Continued

Christmas Eve

The Program will be closed in the afternoon in observance of the holiday.   Add this deadline to your Outlook calendar by clicking here.

Christmas

The Program will be closed in observance of the holiday.   Add this deadline to your Outlook calendar by clicking here.

Distribute Excess Contributions to all Affected Participants

All plans: any 2023 excess contributions must be distributed to all affected participants to avoid a disqualifying event. (Corrective measures rules can be complex; see the instructions attached to the Corrective Measures for Contributions Form for more information.)   Add this deadline to your Outlook calendar by clicking here.

Make Legally Permitted, Optional Amendments to Existing Plans for 2023

All plans: Make legally permitted, optional amendments to an existing plan for 2023 by today. These changes must be adopted by the last day of the plan year in which the change becomes effective. (If the change eliminates a right or reduces future benefits, it must be adopted in advance of the effective date and, … Continued

Remind participants to Withdraw their Required Minimum Distribution

All plans: Remind participants who are age 73 or older that they may need to withdraw their required minimum distribution (RMD) by December 31 if they are subject to the regulations (i.e., they are no longer employed by your firm or they were 5% or more owners* in the year they attained age 72). The … Continued

New Years Day

Happy New Year! The Program will be closed in observance of the holiday.

Contact Us