Archives: Events
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 2022, receive the annual notice by December 2. Please refer to the sample notice and information for more details. To … Continued
Christmas (observed)
The Program will be closed in the afternoon in observance of the holiday.
Make legally permitted, optional amendments to existing plans for 2020
All plans: Make legally permitted, optional amendments to an existing plan for 2020 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
Distribute excess contributions to all affected participants
All plans: any 2020 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.) To add this deadline to your Outlook calendar just click this link and save the meeting reminder: … Continued
Remind participants to withdraw their Required Minimum Distribution
All plans: Remind participants who are age 72 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 Year’s Day
Happy New Year! The Program will be closed in observance of the holiday.
Program’s annual census offer to provide nondiscrimination testing and/or calculation contributions
For plans with a plan year end of 12/31, a communication will be distributed asking if assistance is needed for contribution calculation and/or nondiscrimination test for the 2021 plan year.
Self-Directed Brokerage Account Participant Statements are distributed
The Self-Directed Brokerage Account Participant Statements are distributed.
Annual Account Statements
Annual Account Statements are available.
Martin Luther King, Jr. Day
The Program will be closed in observance of Martin Luther King, Jr. Day.
IRS Form 1099-R Mailed
The IRS Form 1099-R is mailed to all participants who received distributions in 2021.
401(k) Plans & Corporations: Return the Employee Contribution Census to the Program
If you sponsor a 401(k) plan and/or your firm is a corporation: Return the Employee Contribution Census to the Program. Check, correct and complete the Employee and Contribution Census after receiving it via email from the Program. If you have not previously provided the Program with a participant’s termination or rehire date, or your newly … Continued
President’s Day
President’s Day is observed and the Program will be closed in observance of this holiday.
IRS Form 1099-R sent to IRS
The IRS Form 1099-R is sent to the IRS.
401(k) Plans: Submit the Corrective Measures for Contribution Form
401(k) Plans: Any excess contributions and excess aggregate contributions which resulted from a failure of the annual nondiscrimination tests must be distributed by March 15, or your firm will incur a 10% excise tax on the amount of the excess contributions and excess aggregate contributions which were not timely distributed. If your firm’s plan fails the … Continued
S-Corporations & Partnerships: 2021 Employer Contributions Due
S-Corporations and Partnerships: 2021 employer contributions for your firm’s plan should be sent to the Program by March 15. If your firm extends its income tax return due date by six months, you will have until September 15 (this statement assumes your corporation’s tax year is a calendar year). Remember that you may have assets in your plan’s … Continued
Self-Directed Brokerage Account Participant Statements are distributed
The self-directed brokerage statements will be distributed.
401(k) Plans: Participant Distributions of Excess Salary Deferrals and Earnings
401(k) Plans: Necessary participant distributions of excess salary deferrals and their earnings as a result of exceeding salary deferral limits through the end of 2020 must be reported to the Program and paid to the participants by April 15. You will need to submit the Corrective Measures for Contributions Form to do so.
Sole Proprietors and Corporations: 2021 Employer Contributions Due
Sole Proprietors and Corporations: 2021 employer contributions for your firm’s plan should be sent to the Program by April 14. If your firm receives an extension of its income tax return due date, you will have until October 15. Remember that you may have assets in your plan’s forfeiture reserve account that either may be used to … Continued
Good Friday
The Program will be closed in observance of the holiday.
1st Quarter Account Statements
First quarter account statements will be available.
Memorial Day
The Program will be closed in observance of the holiday.
Form 5500 Filing Notifications to be Sent by 6/15
Form 5500: What You Need to Know* The Department of Labor (DOL) requires that Form 5500 be filed electronically. For all Program plan sponsors, the Program coordinates this process by offering a Web-based system called eFile. eFile connects plan sponsors to EFAST2, the DOL’s website for receiving Form 5500 submissions. eFile allows the Program to prepare … Continued
401(k) Plans: Submit the Corrective Measures for Contribution Form
401(k) Plans: Plans with an eligible automatic contribution arrangement (an “EACA”) must distribute excess contributions and excess aggregate contributions by June 30 to participants, or those firms will incur a 10% excise tax on the amount of the excess contribution and excess aggregate contribution which were not timely distributed. For more information on auto-enrollment features, please … Continued
Independence Day
The Program will be closed in observance of the holiday.
Self-Directed Brokerage Account Participant Statements are Distributed
Self-directed brokerage account participant statements are distributed.
2nd Quarter Account Statements
2nd quarter account statements are available.
Send Participants a Revised Summary Plan Description (“SPD”) or Summary of Material Modifications (“SMM”)
All Plans: If there was a change to your firm’s plan during 2021, send participants a revised Summary Plan Description (SPD) or Summary of Material Modifications (SMM) by July 28.
File Form 5500, Form 5500EZ or Form 5558
All Plans: File Form 5500 electronically with the DOL by July 31 unless your firm extended its income tax return due date. Otherwise, to extend your Form 5500 filing, you must file Form 5558 with the IRS and mail it by today, as it must be postmarked no later than July 31, 2022.
Labor Day
The Program will be closed in observance of the holiday.
Money Purchase Pension Plans: Send 2021 Contributions for Your Firm’s Plan to the Program
Money Purchase Pension Plans: Send 2021 contributions if you have not already done so. In order to meet the minimum funding standards, contributions must be made by 8 ½ months after the plan year end. A Contribution Confirmation report will be mailed to you on the next business day. Please review it to ensure the … Continued
S-Corporations & Partnerships: Send 2021 employer contributions for your firm’s plan to the Program & file Form 5500 with the DOL
S-Corporations and Partnerships: – Send 2021 employer contributions for your firm’s plan to the Program by September 15 if you received an extension of your firm’s income tax return due date and your firm’s tax year is the calendar year. – File Form 5500 electronically with the DOL by today if your firm received an … Continued
401(k) Plans: Mid-Year Census & Nondiscrimination Testing Information Due
401(k) Plans: Return completed mid-year census and nondiscrimination testing information for 401(k) plans to the Program by September 30.
Send the 2021 Summary Annual Report (SAR) to participants
All Plans: Send the 2021 Summary Annual Report (SAR) to participants by September 30 (unless the due date for your Form 5500 is extended to a later date).
401(k) Plan: Notify your eligible employees of the safe harbor contributions for 2023
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 2023, you have from October 3 until December 2 to notify your eligible employees of the safe harbor contributions for 2023. If this applies to your plan, the … 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 2023, receive the annual notice by December 2. Please refer to the sample notice and information for more details.
Self-Directed Brokerage Account Participant Statements are distributed
Self-directed brokerage account participant statements are distributed.
3rd Quarter Account Statements
3rd Quarter account statements are available.
File Form 5500 with the DOL
All Plans: Form 5500 is due to be filed electronically with the DOL by October 15, if your firm filed Form 5558 by July 31, 2022.
Sole Proprietors & Corporations: Send 2021 Employer Contributions to the Program
Sole Proprietors and Corporations: Send 2021 employer contributions for your firm’s plan to the Program by October 15 if you filed for an extension of your income tax return due date with the IRS. A Contribution Confirmation report will be mailed to you on the next business day following receipt of contributions.
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 15 if your firm requested a six-month extension of the due date of your firm’s income tax return.
S-Corporations & Partnerships: Send the 2021 Summary Annual Report
S-Corporations and Partnerships: Send the 2021 Summary Annual Report (SAR) to defined contribution plan participants by November 15 if your firm filed for an extension of the due date for its income tax return and did not file a Form 5558.
Thanksgiving
The Program will be closed in observance of the holiday.
Post Thanksgiving Day
The Program will be closed in the afternoon in observance of the holiday.
401(k) Plan: Notify your eligible employees of the safe harbor contributions for 2023
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 2023, you have from October 3 until December 2 to notify your eligible employees of the safe harbor contributions for 2023. If this applies to your plan, the … 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 2023, receive the annual notice by December 2. Please refer to the sample notice and information for more details.
Christmas (observed)
The Program will be closed in observance of the holiday.
Make legally permitted, optional amendments to existing plans for 2021
All plans: Make legally permitted, optional amendments to an existing plan for 2021 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
Distribute excess contributions to all affected participants
All plans: any 2021 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.)
Remind participants to withdraw their Required Minimum Distribution
All plans: Remind participants who are age 72 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 Year’s Day (observed)
Happy New Year! The Program will be closed in observance of the holiday.
401(k) Plans and Corporations: Return the Employee Census to the Program
Add this deadline to your Outlook calendar by clicking here.
401(k) Plans: Submit the Corrective Measures for Contribution Form
Add this deadline to your Outlook calendar by clicking here.
S-Corporations & Partnerships: 2022 Employer Contributions Due
Add this deadline to your Outlook calendar by clicking here.
401(k) Plans: Participant Distributions of Excess Salary Defferrals and Earnings
Add this deadline to your Outlook calendar by clicking here.
Sole Proprietors and Corporations: 2022 Employer Contributions Due
Add this deadline to your Outlook calendar by clicking here.
401(k) Plans: Submit the Corrective Measures for Contribution Form
Add this deadline to your Outlook calendar by clicking here.
Pre-Independence Day
The Program will be closed in the afternoon in observance of the holiday.
Send Participants Revised Summary Plan Description (“SPD”) or Summary of Material Modifications (“SMM”)
Add this deadline to your Outlook calendar by clicking here.
File Form 5500, Form 5500EZ, or Form 5558
Add this deadline to your Outlook calendar by clicking here.
Money Purchase Pension Plans: Send 2022 Contributions for your Firm’s Plan to the Program
Add this deadline to your Outlook calendar by clicking here.
S-Corporations & Partnerships: Send 2022 Employer Contributions for your Firm’s Plan to the Program & File Form 5500 with the DOL
Add this deadline to your Outlook calendar by clicking here.
401(k) Plans: Mid-Year Census & Nondiscriminations Testing Information Due
Add this deadline to your Outlook calendar by clicking here.
Send the 2022 Summary Annual Report (“SAR”) to Participants
Add this deadline to your Outlook calendar by clicking here.
File Form 5500 with the DOL
Add this deadline to your Outlook calendar by clicking here.
Sole Proprietors & Corportations: File Form 5500 with the DOL
Add this deadline to your Outlook calendar by clicking here.
Last Day to Make a Retroactive SH NEC for the 2023 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 2023, today (December 1, 2023) is the last day to make a retroactive safe harbor non-elective contribution for the 2023 plan year. Add this deadline to your Outlook … Continued
401(k) Plan: Notify your Eligible Employees of the Safe Harbor Contributions for 2024
Add this deadline to your Outlook calendar by clicking here.
Send Qualified Default Investment Alternative (QDIA) to Participants
Add this deadline to your Outlook calendar by clicking here.
Send 2022 Summary Annual Report (“SAR”) if you filed a Form 5558
Distribute the Summary Annual Report (SAR) to all participants and beneficiaries with a balance in the plan by December 15 if you filed Form 5558 to extend the due date of your Form 5500. Add this deadline to your Outlook calendar by clicking here.