The deadlines in this calendar are for plans with calendar-year plan years. This chart is intended to provide plan sponsors with a list of notable deadlines. It is not a substitute for consultation with ERISA counsel and in no way represents legal advice.

2018 Compliance Calendar

DATE

NOTICE REQUIREMENTS

JANUARY

Jan 31
Deadline for determination letter submission for individually designed plan documents. Year of submission determined by last digit of employer identification number (EIN). For 2015, this applies to plan sponsors with EINs ending in 4 or 9.***

FEBRUARY

Feb 1
Deadline for sending Form 1099-R to participants who received distributions during previous year.**
Feb 15
Quarterly Benefit Notices 45 days after Qtr End
Feb 28
File Form 1099-R with IRS to report distributions made in previous year

MARCH

Mar 15
Deadline for processing corrective distributions for failed actual deferral percentage (ADP)/actual contribution percentage (ACP) test without 10% excise tax.***
Note: A special deadline applies to plans that satisfy the requirements of an Eligible Automatic Contribution Arrangement (EACA). See "June."
Mar 15
Deadline for filing corporate tax returns and contribution deadline for deductibility (without extension) for companies operating on calendar-year fiscal year.**
Mar 31
Excise tax (non-safe harbor 401k plans only) for Failure to make timely correction of Failed ADP/ACP Test

APRIL

Apr 1
Distribute "first year" Required Minimum Distribution (RMD) to participants
Apr 15
Deadline for processing corrective distributions for IRC Section 402(g) excesses.

Filing of Corporate Tax Return and Contribution Deadline for Deductibility (without extension)

MAY

MAY 15

Census Data and Questionnaire due to HPA to meet IRS Form 5500 Deadline (not on extension)

Quarterly Benefit Notices 45 days after Qtr End

JULY

July 31
Deadline for filing Form 5500 (without extension).

Deadline for filing Form 5558 to request automatic extension of time to file Form 5500 (21 1⁄2 months).

AUGUST

AUG 1
Census Data due to meet Plan Sponsors taking a tax dedution for 9/15
AUG 15
Quarterly Benefit Notices 45 days after Qtr End

SEPTEMBER

Sept 15

Census Data due to meet Filing of Form 5500 (with extension) RUSH FEE MAY APPLY

Extended Deadline for Partnerships and S Corps Tax Return and Contribution Deadline for Deductibility
Sept 30
Deadline for distributing Summary Annual Report (SAR) to participants

OCTOBER

Oct 15
File Form 5500 (if extension filed by 7/31)

Extended Deadline for Filing of Corporate Tax Return and Contribution Deadline for Deductibility

Extended deadline for filing tax returns for unincorporated businesses and final contribution deadline for deductibility for these entities.

NOVEMBER

NOV 15
Quarterly Benefit Notices 45 days after Qtr End

DECEMBER

Dec 1
Provide any applicable notices to participants. These include: Safe Harbor Notice, Automatic Enrollment Notice, and HPA Fee Disclosure

Dec 31

Correct any ADP/ACP test failures with 10% excise tax (non safe harbor 401k plans only)

Make any safe harbor or QNEC contributions for prior plan year

Execute (sign and date) any current year amendments

Distribute "post first year" Required Minimum Distributions

REMINDER: REQUIRED FEE DISCLOSURES

Plan sponsor/Service provider

  • Initial disclosure: Required within a reasonable period before the contract is entered into or renewed.
  • Annual disclosure: Required following changes in investment fees (e.g., expense ratios) and recordkeeping fees.
  • Additional disclosures: Required following changes to compensation or services provided no later

* The deadlines in this calendar are for plans with calendar-year plan years. This chart is intended to provide plan sponsors with a list of notable deadlines. It is not a substitute for consultation with ERISA counsel and in no way represents legal advice.
** The due date shown for this item is the day following the normal due date that does not fall on a Saturday, Sunday, or legal holiday.
*** This date falls on a Saturday or Sunday. Historically, the IRS has not extended this deadline.

 

HILLS PENSION ASSOCIATES, INC.

 

31 Hayward Street Suite 2A/211 Franklin, MA 02038
38 Colchester Road P.O. Box 157 Plympton, MA 02367
p 508-928-7172/ 844-395-401k
f 508-928-1910 | e hills@hillspallc.com