Calendar

If plan has a safe harbor provision, this is the last date you may distribute the required safe harbor notice for the following plan year. The notice must be distributed sometime between 90 and 30 days prior to the beginning of the plan year.

If plan has an Automatic Contribution Arrangement (ACA), distribute the annual required notice by this date.

If plan offers a Qualified Default Investment Alternative (QDIA), distribute the required annual notice.

Schedule and conduct fourth-quarter fiduciary meeting.

Don’t forget to check your plan document to see how 401(k) deferrals are treated when an employee receives a bonus check. If the employee is deferring a percentage of his pay, chances are you must take a 401(k0 deferral from his bonus check.

Summary Annual Report (SAR) must be provided to participants by this date if the Form 5500 was extended.

Last day for completing and adopting amendments for discretionary plan provision changes implemented during the plan year. Be careful, not all plan provisions can be amended retroactively.

Deadline for processing corrective distributions for prior year failed ADP or ACP tests with 10% excise tax.

Deadline to deposit a Qualified Non-elective Contribution (QNEC) for correcting a failed ADP or ACP for the prior year.

Annual Required Minimum Distributions (RMD) must be taken before the end of each year.

Be sure to maintain a copy of the prior year payroll register totals by employee to assist with the completion of the annual census reporting.