March 1 was the deadline to distribute 2024 NRECA Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents. The final step in the process is to complete online distribution acknowledgements by March 15. Acknowledgements are[…]
Friday, March 1, is the deadline to distribute your cooperative’s 2024 Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents to plan participants. If you haven’t already, download them from the Group Plan Documents page of the[…]
Tomorrow is the deadline to submit your cooperative’s 2023 compliance questionnaire and W-2 data for use in performing nondiscrimination testing on the 401(k) Pension and Retirement Security Plans. The resources you’ll need are posted on the Employee Benefits website: Return[…]
Wednesday, February 15 is the due date to send your cooperative’s 2023 retirement compliance questionnaire and W-2 salary data. NRECA’s benefits compliance team uses this data to perform annual required nondiscrimination testing on the 401(k) Pension Plan. As you prepare[…]
As announced on December 20, retirement plan nondiscrimination test results from the 2022 plan year will be archived on January 19, 2024 (5 p.m. Eastern time). Retrieve your cooperative’s 2022 test results before that time, and retain them in your[…]