2016 Deadlines to Remember

If you’re like us, your world revolves around deadlines. We decided to make it easier on ourselves (and you) by tracking them all in this graphic. You can also view major upcoming deadlines on the Compliance Calendar on our blog page.  

Internet Explorer 8, 9 and 10 – Outta Here!

  As of today, Microsoft will no longer provide support for old Internet Explorer versions, including versions 8, 9 and 10. How does this affect our clients? When logging into our Client Portal to complete the census data request via PlanSponsor Link using Internet Explorer 8, you will see a warning message stating that the…

Year-End Deadlines for Retirement Plans

Before we can officially wrap up the end of 2015, there are a few important administrative tasks to take care of in Q4. Follow our guide below of common deadlines and notices. Please note, these are intended for single employer calendar year-end plans and some notices and deadlines may not apply to your particular plan.…

Tracking Missing Participants, DOL Says “Google It”

On Thursday, August 14, 2014 the Department of Labor issued its updated Field Assistance Bulletin 2014-01 to help fiduciaries with their responsibility in terminating defined contribution plans. This guidance can also be instructive for fiduciaries who are trying to locate missing participants in the plan. The purpose of the updated guidance is to replace 2 outdated and formerly…

Retirement Plan Restatements

One of the requirements of maintaining a qualified retirement plan is that the plan is formally written and presented to employees. Having a written document is required because it outlines the plan’s terms, its description of benefits, and the criteria to be followed throughout the life of the plan. If the plan or any regulations surrounding the plan…

Important Dates and Deadlines

Mark Your Calendar – December 2013 and January 2014 Here are some important dates in the upcoming months.  Most of the deadlines are for calendar-year plans; non-calendar-year plans must adjust the dates. December 2: Give 2014 plan-year notice to eligible employees for safe harbor 401(k) plans and plans containing an eligible automatic contribution arrangement. December…

IRS Issues Erroneous Form 8955-SSA Penalty Notices

IRS Issues Erroneous Form 8955-SSA Penalty Notices Approximately 4,000 plan sponsors have recently received notices that erroneously inform them that the IRS is assessing a penalty due to their “filing a late or incomplete” Forms 8955-SSA. ASPPA GAC spoke with a representative of the IRS on Friday, August 16, 2013. The representative stated that there was a…