Stay on top of your retirement plan’s mandatory deadlines! Here are some important dates in the upcoming months.
(Please note that filing dates are for calendar year plans. Non-calendar year plans must adjust these dates.)
1099-R Forms are due to participants who received distributions in the prior year.
Fourth quarter PPA Statements and quarterly Fee Disclosure documents due for participant directed plans.
Deadline to file Form 1099-R with the IRS, if not filed electronically, to report distributions for the previous year.
Deadline for distributing ADP/ACP refunds without incurring a 10% excise tax on the employer for plans with a December 31 year end.
Employer contributions are due to the retirement plan’s trust for S-Corporations and partnerships with December 31 fiscal year ends, in order to take deductions with no corporate extension.
Initial required minimum distribution (RMD) is due to participants who turned 72 in the prior calendar year..
The deadline for correcting 402(g) excess deferrals (for any participant that exceeded the dollar deferral limit).
Employer contributions are due to the retirement plan’s trust for C-Corporations with December 31 fiscal year ends, in order to take deductions with no corporate extension.
Deadline for participant-directed plans to supply participants with the quarterly benefit statements for the March 31st quarter.
Corrective distributions due for failed ADP/ACP Testing from a plan with an eligible automatic contribution arrangement (EACA) (without employer 10% excise tax).
Annual Form 5500 report and schedules due to be filed electronically with DOL (without extension).
Form 5330 and excise tax due on prohibited transactions (i.e.: late 401(k) deposits).
Second Quarter PPA Statements due for participant directed plans.
Extended deadline for filing of corporate tax returns and contribution deadline for deductibility.
Summary Annual Report due to participants (if Form 5500 not extended).
Extended deadline for filing Plan’s annual Form 5500 filing.
Third quarter PPA Statements due for participant directed plans. Quarterly fee disclosure documentation also due to plan participants.
Last date to send out annual notices for safe harbor, QDIA and automatic enrollment plans.
Check Cost of Living Adjustments (COLA) to consider the effects of any annual increases on deferral and catch up amounts.