Send Your 2013 Compliance Questionnaire and W-2 Salary Data by Feb. 14
Send your W-2 salary data online through the Employee Benefits website.
It’s time for cooperatives to submit compliance annual reporting data for the Retirement Security (RS) Plan and the 401(k) Pension Plan.
Your questionnaire and W-2 salary data are due no later than February 14, 2014. The benefits compliance team needs them by this deadline in order to complete your co-op’s nondiscrimination testing in time to avoid possible IRS excise taxes.
Questionnaire
The retirement questionnaire is on the Employee Benefits website. Go to Administration > My Co-op’s Salaries. Then click Download the Annual Retirement Compliance Questionnaire in the sidebar on the right.
When you’re ready to send in your questionnaire and any attachments, use the Message Center. Choose Retirement Compliance from the dropdown menu in the “To” field. Using the Message Center not only keeps your private data (e.g., Social Security numbers) safe, but also ensures that your questionnaire goes directly to the benefits compliance team.
W-2 salary data
The benefits compliance team also needs your W-2 salary databy February 14 for nondiscrimination testing. Send it securely through the Employee Benefits website. Go to Administration > My Co-op’s Salaries > W-2 Salaries. You can either upload a file with your data or enter it manually. Helpful information on required file layouts is online at Administration > My Co-op’s Salaries. Select the import instructions link.
Resources for co-ops
The Compliance Annual Reporting Resource Guide answers many of your questions about year-end reporting. It’s also online. Go to Administration > My Co-op’s Salaries. Then click the Resource Guide link in the sidebar on the right.
You also can check out the Compliance Annual Reporting Webinar. Go to Conferences & Education > Web Conferences > Past Web Conferences > Benefits > 2013 Compliance Annual Reporting.
If you need help finding these resources, contact the Member Contact Center at 1.866.673.2299 or contactcenter@nreca.coop.
For help with W-2 salary data or the questionnaire, contact the benefits compliance team at 1.866.673.2299, option 7, or pension.compliance@nreca.coop.