401(k) Questionnaire Project

Back in May of 2010 the IRS sent letters to 1,200 401(k) plan sponsors instructing them to complete the 401(k) Questionnaireonline by visiting a secure website and using a PIN number provided in the cover letter.     Their stated intention is to: better understand 401(k) plan compliance issues, determine how their tools and voluntary compliance programs are working, and […]

New IRS Initiative Targets 401(k) Plan Compliance

by Ed Frado, J.D. IRS recently announced that, starting in March, it would begin sending questionnaires to “a random sample of 401(k) plan sponsors” for a new initiative to gauge the “health of these plans.”  As background, the IRS provides on its website several tools (e.g., a “401(k) Fix-It Guide”) intended to encourage plan sponsors […]