Date & Deadline |
Deadline Description |
|---|---|
January |
|
|
January 1 Annual Valuation Date for Large Plan Filers |
For plans with more than 100 participants, data for the January 1 valuation must reflect the participant and asset census as of the same date, requiring plan sponsors to submit the data to the valuation actuary in a timely manner to enable compliance with the statutory reporting dates in this calendar. |
|
January 15 Q4 Quarterly Contribution |
Due date for the fourth quarter quarterly contribution for the previous calendar year for plans with quarterly payments, either through cash contributions or a signed election to use available carryover/prefunding balances. Note: If this contribution is missed by more than 30 days, PBGC Form 10 (Post-Event Notice of Reportable Events) is due no later than February 14. Additionally, a failure to satisfy the requirement within 60 days of this due date may trigger, if applicable, a requirement to notify participants, beneficiaries, and alternative payees. |
|
January 31 Form 1099-R |
Required to be provided to all participants who received a distribution in the previous year. The filing to the IRS is due by February 28. |
March |
|
|
March 15 Minimum Funding Waivers |
Plan sponsors requesting a funding waiver for the current year must do so by March 15th. |
|
March 15 Deductible Contribution Deadline |
Plan sponsors that are partnerships and S-corporations must make contributions by March 15 to deduct for the prior tax year (unless the tax deadline is extended). For more information on the deductible contributions, click here. |
|
March 31 AFTAP Certificate (1st Deadline) |
First deadline for the Adjusted Funding Target Attainment Percentage Certificate. If not completed, deemed prior year’s AFTAP percentage minus 10%. Note: If deemed AFTAP is less than 80%, plan distributions are limited to 50% of the lump sum value. If less than 60%, any installment payments greater than monthly annuities are prohibited and benefit accruals are frozen. |
April |
|
|
April 1 Required Minimum Distribution |
For participants attaining age 70 ½ during the preceding calendar year, the initial required minimum distribution is due by April 1. Non-owners who continue working may defer RMDs until April 1 of the year after they actually retire. Participants must also receive ongoing payments for any prior elected annuity streams. |
|
April 15 Deductible Contribution Deadline |
Plan sponsors that are C-Corporations or Sole Proprietorships must make contributions by April 15 to deduct for the prior tax year (unless the tax deadline is extended). For more information on the deductible contributions, click here. |
|
April 15 Q1 Quarterly Contribution |
Due date for the first required quarterly contribution for the calendar year for plans with quarterly payments, either through cash contributions or a signed election to use available carryover and/or prefunding balances. Note: If this contribution is missed by more than 30 days, PBGC Form 10 (Post-Event Notice of Reportable Events) is due no later than May 14. Additionally, a failure to satisfy the requirement within 60 days of this due date may trigger, if applicable, a requirement to notify participants, beneficiaries, and alternative payees. |
|
April 30 Large Plan Annual Funding Notice Delivered |
The Annual Funding Notice for large plan Form 5500 filers must be delivered to all participants by this date. |
|
April 30 101(j) Notice Delivered |
Deadline for the delivery of the 101(j) Notice notifying participants if any restrictions apply. This notice is triggered by any April 1 AFTAP presumptions. |
July |
|
|
July 15 Q2 Quarterly Contribution |
Due date for the second required quarterly contribution for the calendar year for plans with quarterly payments, either through cash contributions or a signed election to use available carryover and/or prefunding balances. Note: If this contribution is missed by more than 30 days, PBGC Form 10 (Post-Event Notice of Reportable Events) is due no later than August 14. Additionally, a failure to satisfy the requirement within 60 days of this due date may trigger, if applicable, a requirement to notify participants, beneficiaries, and alternative payees. |
|
July 29 Summary of Material Modifications |
Due 210 days after the plan year in which the change was made. |
|
July 31 Form 5500 & Form 8955-SSA (Unless Extended) |
The Form 5500 and Form 8955-SSA must be electronically filed with the Department of Labor via the EFAST2 system no later than July 31 of the following year. Note: The deadline for both forms can be extended to October 15 by filing Form 5558 by the July 31 deadline. For non-calendar year plans, the deadline is seven months following the last day of the plan year. For more information on Forms 5500 and 8955-SSA, click here and here. |
September |
|
|
September 15 Final Funding Deadline for Prior Plan Year Contribution |
Due date to make the final contribution to satisfy the minimum funding requirements for the prior plan year. Note: If the minimum required contribution requirements are not met by September 15, IRS Form 5330 and payment of a 10% excise tax must be filed. PBGC covered plans must file Form 10 by October 15. There is no Form 10 small plan waiver for missing the minimum funding deadline. |
|
September 30 Summary Annual Reports |
Summary Annual Report (SAR) is due for the previous year. |
|
September 30 AFTAP Certificate (2nd Deadline) |
Second deadline for the Adjusted Funding Target Attainment Program Percentage Certificate. If not completed, deemed prior year’s AFTAP percentage minus 60%. If not completed, AFTAP is deemed to be 60% and the plan is deemed frozen, lump sum restrictions apply. |
October |
|
|
October 15 Q3 Quarterly Contribution |
Due date for the third required quarterly contribution for the calendar year for plans with quarterly payments, either through cash contributions or a signed election to use available carryover and/or prefunding balances. Note: If this contribution is missed by more than 30 days, PBGC Form 10 (Post-Event Notice of Reportable Events) is due no later than November 14. Additionally, a failure to satisfy the requirement within 60 days of this due date may trigger, if applicable, a requirement to notify participants, beneficiaries, and alternative payees. |
|
October 15 Form 5500 & Form 8955-SSA (Extended Deadline) |
The Form 5500 and Form 8895-SSA must be electronically filed with the Department of Labor via the EFAST2 system no later than October 15 if the deadline has been extended via timely filing of Form 5558 (by the July 31 deadline.) For more information on Forms 5500 and 8955-SSA, click here and here. |
|
October 15 Corrective Plan Amendment |
Deadline to adopt a retroactive corrective plan amendment, if the plan fails minimum coverage, nondiscrimination, and/or compensation requirements for the prior plan year. |
|
October 15 Small Plan Annual Funding Notice Delivered |
The Annual Funding Notice for small plan Form 5500 filers must be delivered to all participants by this date for PBGC-covered plans. For non-PBGC plans the usual SAR is needed. |
|
October 15 PBGC Premium Filing and Payment |
PBGC premium filing and payment due for the current year. |
|
October 30 101(j) Notice Delivered (Late AFTAP Certification) |
Deadline for the delivery of the 101(j) Notice notifying participants if any restrictions apply. This notice is triggered by the failure to certify the AFTAP timely. |
December |
|
|
December 15 Summary Annual Report |
Deadline for Summary Annual Report (SAR) if corporate extension is filed. |
|
December 31 Discretionary Amendment |
Deadline for the adoption of a discretionary amendment for the current year. |
|
December 31 Annual Benefit Statement Availability Notice |
Provide an annual notice to participants about the availability of and the means to obtain a pension benefit statement. |
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