Match Deposit Due

[Guest caseyb]

One of my employees worked for a company with a SIMPLE plan. He is due the matching contribution for 2008. Is my understanding correct that the employer has until the corporate tax filing due date to make the contribution, including extensions? Is the last date then September 15, 2009?

The employee had asked for a copy of the plan's SPD and was told none exists. Is a plan document and/or SPD required for such plans?

Thanks

[Guest Sieve]

Don't know whether you are talking about a SIMPLE 401(k) or a SIMPLE IRA--the former is a qualified plan, and the latter is not. Nevertheless, the contribution timing rules (due date of tax return, as extended) and the reporting/disclosure rules (at least as to the necessity for a plan document & SPD) are the same for both (although the SIMPLE IRA SPD requirement is for a significantly truncated document).