PLAN ADMINISTRATION 2025 ERISA Plan Compliance Calendar The dates that plan sponsors cannot miss next year B eing a retirement plan sponsor involves juggling many tasks including, importantly, making sure your plan complies with all pertinent federal legislation and regulations. A compliance calendar keeps track of required filings, their due dates and related details so plan sponsors can avoid incurring any fines or other penalties for late filings or missing information. What follows is intended to alert sponsors of retirement plans governed by the Employee Retirement Income Security Act to some of the significant regulatory dates for 2025. It does not identify all compliance obligations or due dates, and the calendar assumes that a plan is being administered on a calendar year basis by an employer using a calendar fiscal year. For the most part, the information for defined benefit plans applies to single-employer plans. January 15 Deadline for final 2024 minimum funding quarterly installment payment for defined benefit plans that had a funding shortfall in 2023. (Due 15 days after each quarter-end of the plan year.) 32 PLANSPONSOR.COM November - December 2024 Art by Summer Lien 30 Deadline to provide participants and beneficiaries of a DB plan with the notice of benefit restrictions if the DB plan is less than 60% funded. (Due January 30, or 30 days after the measurement date at which the plan has become subject to a benefit restriction.) 31 Many recordkeepers require participant data for average deferral percentage/average contribution percentage, top-heavy and 402(g) compliance testing to be returned by this date. 31 Deadline for sending Form 1099-R to participants who received distributions from a qualified retirement plan during the previous year. February 14 Deadline for participant-directed defined contribution plans to provide participants with the quarterly benefit/ disclosure statement and statement of plan fees and expenses charged to individual plan-accounts during the last quarter of 2024. (Due 45 days after the end of the quarter.) 28 Deadline for filing Form 1099-R with the IRS, if not filed electronically, to report distributions made in the previous year.http://www.PLANSPONSOR.COM