In This Issue:

- Qualified Plan Administrative and Compliance Deadlines (based on calendar year plan)

- Health and Welfare Benefit Plan Administrative and Compliance Deadlines

- Are Your Plans Subject to These Deadlines?

- For More Information

- About Polsinelli’s Employee Benefits and Executive Compensation Practice

- Excerpt from Are Your Plans Subject to These Deadlines?:

A retirement plan that meets the requirements of Internal Revenue Code Section 401(a) and the Employee Retirement Income Security Act of 1974 (ERISA) is known as a “qualified plan.” Qualified plans are eligible for favorable tax treatment – they allow employers to deduct annual contributions for participants and contributions and earnings on those contributions are tax-deferred until withdrawn by the participants. A plan that fails to meet the Code and ERISA requirements runs the risk of losing these tax benefits and subjecting the sponsoring employer to potential claims, fines and penalties. Qualified retirement plans include: defined benefit plans, defined contribution plans, profit sharing plans, 401(k) plans, money purchase plans, and employee stock ownership plans.