Send 2018 Compliance Reporting Data by February 15

Compliance annual reporting for the 2018 plan year is now underway. Send your cooperative’s questionnaire and W-2 salary data for 2018. Both items are due by February 15, so that the benefits compliance team can perform your co-op’s retirement plan nondiscrimination testing in time to avoid possible IRS excise taxes.

Resources to help prepare your data are located on the W-2 Salary Data & Retirement Compliance Questionnaire page of the Employee Benefits website.

• Use the Message Center to securely send your questionnaire and supporting appendices. Retain a full copy in your files in case the retirement compliance team needs to clarify any of your entries during testing.
• Upload your W-2 data via the Employee Benefits website. Use the file format on the W-2 Salary Data & Retirement Compliance Questionnaire page. Uploading a data file is the easiest option for co-ops with multiple subgroups or a large number of participants. You can also enter each record manually; however, we recommend uploading a file to avoid data entry corrections.
• The Compliance Annual Reporting Resource Guide answers many of your questions about year-end reporting.

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.