After the close of business on January 19, 2024, nondiscrimination test results from the 2022 plan year will be archived. If you have not done so already, download your co-op’s 2022 test results to preserve them for your plan files. Nondiscrimination testing[…]
Three files containing 2024 compliance reminders for NRECA’s benefit plans are now available on the Employee Benefits website. Once imported, these files add advance reminders and due dates to your Outlook or other calendar for the benefit plans you offer. The reminders[…]
In late 2023 and early 2024, as you submit 401(k) Pension Plan contributions to NRECA, remember to compare the pay date shown in NRECA’s system to the one in your payroll system. If the dates don’t match, adjust the pay[…]
December 15 is the deadline to distribute the 2022 Group Benefits Program and 401(k) Pension Plan summary annual reports (SARs) to plan participants and beneficiaries. Download and distribute a copy right away if you haven’t already done so. SARs are available[…]
The retirement compliance questionnaire and resource guide for 2023 are now available on the W-2 Salary Data & Retirement Compliance Questionnaire page of the Employee Benefits website. Also, the prerecorded 2023 Compliance Annual Reporting webinar is now available for on-demand viewing to help you[…]