Upcoming compliance deadlines for benefit plans:
6/30* Deadline for processing corrective distributions for failed actual deferral percentage / actual contribution percentage (ADP/ACP) tests from plans with eligible automatic contribution arrangements (EACAs) without 10% excise tax
7/29 Summary of material modifications is due (210 days after the end of the plan year in which the amendment was adopted)
7/31 Form 5500 is due for calendar year plans or a request for an extension on Form 5558
7/31 Form 5330 to report excise tax on prohibited transactions and excess 401(k) plan contributions is due
7/31 Form 8955-SSA for calendar year plans to report separated participants with a deferred vested benefit is due, unless an extension is requested
* This due date falls on the weekend this year. The IRS historically hasn’t extended due dates for required disclosures, contributions or distributions.