If your cooperative offers the NRECA Medical Plan, you will receive a Message Center notification directing you to the quarterly medical plan summary of material modifications (SMM) that takes effect on April 1, 2021. Deliver the SMM to current plan participants and acknowledge[…]
March 1 was the deadline to distribute your cooperative’s 2021 NRECA Group Benefits Program summary plan description (SPD) documents. Don’t forget the final step, which is to complete all outstanding distribution acknowledgements by March 15. Outstanding acknowledgements are listed under[…]
Your cooperative’s 2021 Group Benefits Program summary plan description (SPD) documents are due to plan participants by March 1, 2021. If you haven’t distributed them yet, do so right away. SPDs are available for download on the Group Plan Documents page of[…]
Tuesday, February 16, is the deadline to submit your cooperative’s 2020 compliance questionnaire and W-2 data. The benefits compliance team uses your information to perform retirement plan nondiscrimination testing. Import your W-2 salary data using the W-2 salary submission event[…]
The mid-February reporting deadline is just over a week away. The benefits compliance team uses this data to perform your cooperative’s retirement plan nondiscrimination testing in time to avoid possible excise taxes. This year’s due date has been extended to[…]