Send 2016 Compliance Reporting Data by February 15

The New Year has arrived, and NRECA’s systems are ready to receive your cooperative’s compliance questionnaire and W-2 salary data. Both items are due by February 15 so that the benefits compliance team can perform nondiscrimination testing for your co-op’s retirement plans in time to avoid possible IRS excise taxes.

The questionnaire is located on the W-2 Salary Data and Annual Retirement Compliance Questionnaire page of the Employee Benefits website. Keep your co-op’s data private by sending your questionnaire and supporting appendices (as applicable) using the Message Center.

You can either upload or manually enter your W-2 data. If you choose to upload a file, be sure to use the format on the W-2 Salary Data and Annual Retirement Compliance Questionnaire page.

Resources for co-ops

• The Compliance Annual Reporting Resource Guide answers many of your questions about year-end reporting.
• The 2016 Compliance Annual Reporting Webinar was held on December 14. Listen to the recording, download the presentation slides, and review the frequently asked questions for information to make 2016 reporting easier.

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

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