As the end of the calendar year approaches, so does the fiscal
year or "plan year" for many employee benefit plans.
Between complying with continuing annual deadlines while
integrating new rules and regulations, employers will have a lot of
work to do in the months ahead. Below are some upcoming deadlines
and effective dates to get started on now to help avoid ruining the
year-end holiday season. (Note: most of the dates below assume a
calendar year plan year.)
Retirement Plans
September 30, 2016 – The Summary Annual
Report (SAR) for the previous plan year should be provided to
participants and beneficiaries by the Plan Administrator.
Between October 3, 2016 and December 1, 2016
– As applicable, Plan Administrators must provide safe harbor
notices to participants and beneficiaries if the plan is expected
to use safe harbor ADP/ACP testing for the 2017 plan year. The
following notices are also due:
