2015 Questionnaire and W-2 Salary Data Due February 16

The New Year has arrived, and NRECA’s systems are ready to receive your cooperative’s compliance annual reporting data.

The questionnaire and W-2 salary data are due to the benefits compliance team by February 16 so that we can perform nondiscrimination testing for your co-op’s retirement plans in time to avoid possible IRS excise taxes.

Questionnaire
The retirement questionnaire is located on the W-2 Salary Data and Annual Retirement Compliance Questionnaire page of the Employee Benefits website. Use the Message Center to send your questionnaire. This method keeps your private data (e.g., Social Security numbers) safe and ensures that your questionnaire goes directly to the benefits compliance team.

W-2 salary data
You can either upload a file of your W-2 data or enter it manually using the Employee Benefits website. Co-ops wishing to upload their data will find file layout information on the W-2 Salary Data and Annual Retirement Compliance Questionnaire page.

Other resources
You’ll find the answers to many frequently asked year-end reporting questions in both the Resource Guide and the 2015 Compliance Annual Reporting Webinar (which was held on December 9). You can listen to the webinar at your convenience, and we also recommend that co-ops print out and keep a copy of the resource guide handy when preparing your data.

If you need help locating any of these online resources, contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.

For questions about W-2 salary data or the questionnaire, contact the benefits compliance team at 866.673.2299, option 7, or pension.compliance@nreca.coop