Upcoming compliance deadlines:

6/30     Deadline for processing corrective distributions for failed actual deferral percentage / actual contribution percentage (ADP/ACP) tests from calendar year plans with eligible automatic contribution arrangements (EACAs) without 10% excise tax

7/15     Postponed deadline for filing of 2019 individual, partnership and corporation federal income tax returns and making contributions eligible for 2019 deductibility (some states have also extended state income tax returns)

7/15     Postponed deadline for filing Form 5500 for plans with original due dates or extended due dates falling on or after April 1 and before July 15

7/29     Summary of material modifications is due (210 days after the end of the plan year in which the amendment was adopted)

7/31     Form 5500 is due for calendar year plans or a request for an extension on Form 5558

7/31     Form 5330 to report excise tax on prohibited transactions and excess 401(k) plan contributions is due

7/31     Form 8955-SSA for calendar year plans to report separated participants with a deferred vested benefit is due, unless an extension is requested


As always, we hope you enjoy this edition of our newsletter and we look forward to receiving your feedback. Should you have any questions regarding the information contained in the attached materials or our Employee Benefit Plan Services, please feel free to contact me directly.



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