401(K) Plan, Annual Administrative Services

• Collect Annual Employee Census
• Determine Eligibility
• Enrollment Forms For New Participants
• Recordkeeping On Participant Accounts
• Determine Participant Vesting Percentage
• Quarterly Participant Statements (unless provided by Investment Company)
• 401(k) Annual Non-Discrimination Test
• 401(m) Annual Non-Discrimination Test
• Calculate Excess Contribution & Excess Deferral Refunds
• Calculate Minimum Distribution Requirements
• IRC Sec. 415 Individual Contributions Limit Test
• IRC Sec. 416 Top Heavy Test
• IRC Sec. 410 Coverage Test
• IRC Sec. 404 Deductibility Limits
• Complete Tax Form 5500 and Schedules
• Summary Annual Report For Participants
• Distribution Paperwork for Terminees
• 1099-R Form For Terminees (unless prepared by Investment Company)
• Monitor For Compliance With Tax Law Changes

Additional Resources

• TPA Comparison Checklist(11 KB)
• Retirement Plan Questionnaire(23 KB)