IRS to Discuss 401(k) Questionnaire Findings

The “401(k) Compliance Check Questionnaire Final Report” covers plan form and operational issues compiled from data provided by 401(k) plan sponsors (see “29% Chose Deferral Higher than Default”). Monika Templeman, director of Employee Plans Examinations; Joyce Kahn, acting director of EP Rulings and Agreements; and Janice Gore, EP area manager, will highlight findings from the report, as well as next steps plan sponsors can take—including outreach, guidance and compliance projects—during a phone forum on May 13 at 2 p.m. Eastern time.

They will also discuss a new self-audit tool that aims to help 401(k) plan sponsors avoid costly mistakes.  

Those who register and have a specific matter that they would like to be addressed should e-mail ep.phoneforum@irs.gov by May 6.