2018 Compliance Calendar Defined Contribution Plans

Plan year end: December 31, 2018

January 2018

31   Deadline for trustee to issue Form 1099-R to participants who have received distributions (including deemed loan distributions) during the prior calendar year

31   Deadline to file IRS Form 945 to report income tax withheld from participant accounts in 4th quarter if taxes due

February 2018

12*  Deadline to file Form 945 (see above) if taxes timely paid

14   Deadline to send quarterly benefit statements to participants and beneficiaries in individual account plans that permit investment direction; statements generally should include required quarterly disclosure of fees and administrative expenses deducted from participant accounts during the 2017 4th quarter

28   Deadline for paper filing of Form 1096 and Form 1099-R with the IRS

March 2018

15   Last day to make contributions and take tax deduction for prior plan year without corporate tax extension

15   Deadline for processing corrective distributions for failed ADP and ACP tests to avoid 10% excise tax

April 2018

1     Last day to pay initial Required Minimum Distributions (RMD) to affected participants who reached age 70½ during the previous year or retired after reaching age 70½

 

2*   Deadline for electronic filing of Form 1099-R with the IRS to report distributions made in previous year 2018

15   Deadline for processing corrective distributions for 402(g) excesses

May 2018

15   Deadline to send quarterly benefit statements to participants and beneficiaries in individual account plans that permit investment direction; statements generally should include required quarterly disclosure of fees and administrative expenses deducted from participant accounts during 1st quarter

June 2018

30   Deadline to distribute corrective distributions for failed ADP and ACP tests from plan with EACA to avoid 10% excise tax

* Indicates that this date is the next business day following a filing date for a DOL, IRS or PBGC form that would otherwise fall on a weekend or holiday.

July 2018

29   Deadline to send Summary of Material Modifications (SMM) to participants and beneficiaries receiving benefits

31   Last day to file Form 5500 and Form 8955-SSA without extension

31   Last day to file Form 5558 to extend the deadline for filing Form by
2½ months

August 2018

14   Deadline to send quarterly benefit statements to participants and beneficiaries in individual account plans that permit investment direction; statements generally should include required quarterly disclosure of fees and administrative expenses deducted from participant accounts during 2nd quarter

September 2018

15   Last day to make contributions and take tax deductions for prior plan year if corporate income tax extension filed

30   Deadline to send Summary Annual Report to participants and beneficiaries (if no extension filed)

October 2018

15   Last day to adopt a retroactive amendment to correct 410(b) coverage or 401(a)(4) nondiscrimination failure for 2017

15   Last day to file Form 5500 and Form 8955-SSA with Form 5558 extension

November 2018

14   Deadline to send quarterly benefit statements to participants and beneficiaries in individual account plans that permit investment direction; statements generally should include required quarterly disclosure of fees and administrative expenses deducted from participant accounts during 3rd quarter

December 2018

1     Last day to send notice of intent to use safe harbor contribution formula to eligible employees and participants

1     Deadline for sending annual qualified default investment alternative (QDIA) notice

1     Deadline for sending automatic contribution arrangement notice

15   Year End Questionnaire will be distributed to allow Findley to gather year-end information relating to annual administration and testing

31   Last day to amend plan for most discretionary changes made during plan year

31   Last day to process corrective distributions for 2017 ADP/ACP testing failures

31   Last day to correct a failed 2017 ADP/ACP test with QNEC

31   Last day to distribute RMDs following initial RMD

*Indicates that this date is the next business day following a filing date for a DOL, IRS or PBGC form that would otherwise fall on a weekend or holiday.

Please note, this calendar is designed to provide a general overview of certain key compliance dates and is not meant to indicate all possible compliance dates that may affect your plan. ©2018 Findley All rights reserved.

Print 2018 Defined Contribution Plan Compliance Calendar

Category: Retirement Plans
Share: