Responding to IRS 401(k) Plan Compliance Questionnaire

Updated: January 01, 2012

The IRS has stated that the information gathered from the Questionnaire will ultimately result in a report describing the responses and identifying those areas where more focused education, guidance, and outreach is needed, and how the IRS can direct its enforcement efforts to address non-compliance.

While the IRS has stated that the compliance check is not a audit or investigation, an employer's responses could lead to follow-up questions from the IRS, and the IRS has stated that failure to respond or provide complete information will result in further enforcement action or examination of the plan.

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