Industry Deadlines
401(k) Compliance Calendar – For Calendar Year Plans
January
- True-up Funding (if applicable)
- Check forfeiture balance and use according to plan document
February
- Complete Non-Discrimination Testing
- Schedule Plan audit and order audit package from recordkeeper (if applicable)
March
- Review NDT Results
- 1st-ROE request deadline for NDT failures to have them processed by 3/15 and avoid 10% excise tax
April
- 5500 Questionnaire Available Online
- 1st-Submit authorization to process 402(g) ROE to meet 4/15 deadline
May
- 31st-5500 Questionnaire Due
June
July
- 31st-5500 Filing Deadline (without extension)
August
September
- 30th-Distribute Summary Annual Report (without 5500 extension)
- Automatic Cashouts Notification
October
- 15th-5500 Filing Deadline (if extension was requested)
November
- 30th-Distribute Safe Harbor and QDIA Notice
- Automatic Cashouts of terminated participants with small balances
December
- 1st-All ROE requests for NDT failures must be submitted to recordkeeper
- 15th-Distribute Summary Annual Report (if 5500 extension was requested)