DB Plan Administrative Dates and Deadlines

Single-employer defined benefit plans that operate on a calendar-year basis and that are subject to ERISA and the Internal Revenue Code must meet a variety of deadlines and be mindful of dates on which certain administrative functions must be fulfilled. A recent posting provides a comprehensive enumeration of deadlines to be met.

Milliman provides the dates by month and in a chronological list of dates through the whole year. Deadlines in the post include those for:

• quarterly contributions;

• PBGC forms;

• IRS forms;

• applications for waivers of the minimum funding standard;

• benefit statements;

• calculating lump sum distributions;

• corrective plan amendments;

• credit balance elections;

• deductible contributions;

• notices related to funding and terminated vested employees;

• providing summary annual reports, summary plan descriptions and summaries of material modifications; and

• required minimum distributions.