Archives: Events
Events Search and Views Navigation
February 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 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…
Find out more »President’s Day
President's Day is observed and the Program will be closed in observance of this holiday.
Find out more »IRS Form 1099-R sent to IRS
The IRS Form 1099-R is sent to the IRS.
Find out more »March 2021
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 nondiscrimination tests and needs to distribute excess salary deferral contributions to affected participants, you will need to submit the Corrective Measures for Contributions Form to the Program.…
Find out more »S-Corporations & Partnerships: 2020 Employer Contributions Due
S-Corporations and Partnerships: 2020 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 forfeiture reserve account that either may be used to offset your contribution or can be reallocated to eligible participants, depending on your election in the…
Find out more »April 2021
Good Friday
The Program will be closed in observance of the holiday.
Find out more »Self-Directed Brokerage Account Participant Statements are distributed
The self-directed brokerage statements will be distributed.
Find out more »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. To add this deadline to your Outlook calendar just click this link and save the meeting reminder: https://voyadelivers.com/aba/ics/2021/04152021_401k_corrective_measures.ics
Find out more »Sole Proprietors and Corporations: 2020 Employer Contributions Due
Sole Proprietors and Corporations: 2020 employer contributions for your firm’s plan should be sent to the Program by April 15. 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 offset your contribution or can be reallocated to eligible participants, depending on your election in the plan’s Adoption Agreement. A Contribution Confirmation Report will be…
Find out more »1st Quarter Account Statements
First quarter account statements will be available.
Find out more »May 2021
Memorial Day
The Program will be closed in observance of the holiday.
Find out more »June 2021
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 and store your signature-ready Form 5500 for you to access, review and file directly with the DOL. The Program will publish your Form 5500…
Find out more »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 refer to the flyer in the Plan Design Options. Notify the Program of any necessary refunds by submitting the Corrective Measures for Contributions Form by June 30. …
Find out more »July 2021
Independence Day Observed
The Program will be closed in observance of the holiday.
Find out more »