Jun. 25, 2018:
Consult your plan’s counsel or tax advisor regarding these and other items that may apply to your plan.
JULY
Conduct a review of second quarter payroll and plan deposit dates to ensure compliance with the Department of Labor’s rules regarding timely deposit of participant contributions and loan repayments.
Verify that employees who became eligible for the plan between April 1 and June 30 received and returned an enrollment form. Follow up for forms that were not returned.
Ensure that the plan’s Form 5500 is submitted by July 31, unless an extension of time to file applies. (Calendar year plans)
Provided by Doug Fletcher - Prepared by Kmotion, Inc. Copyright 2018.
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