Wednesday, February 15 is the due date to send your cooperative’s 2022 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 your data,[…]
To prepare for 2022 nondiscrimination testing and for the next retirement plan restatement cycle, after the close of business this Friday, January 20, 2023, the following historical documents will be archived: Retirement plan adoption agreements dated before July 1, 2022[…]
Starting in late December, your cooperative began receiving one or more Message Center notifications directing you to 2023 summary plan description (SPD) and summary of material modification (SMM) documents for the Group Benefits Program. All SPDs and SMMs will be[…]
The deadline to submit your cooperative’s 2022 compliance questionnaire and W-2 data is February 15, 2023. Your information is used to perform nondiscrimination testing for the 401(k) Pension Plan and the Retirement Security Plan, as required by the Internal Revenue[…]
After the close of business on January 20, 2023, the following historical documents will be archived: Retirement plan adoption agreements dated before July 1, 2022 (the effective date of the 401(k) Pension Plan and Retirement Security Plan restatements) Nondiscrimination test[…]