Employer Funding Requirements

[Nassau]

What is the required timing for funding (remitting to the Recordkeeper/Trustee) matching contributions; and the deadlines for funding annual profit sharing and annual match contributions? Can someone point me toward where I can find Regulations on this topic?

[Jim Chad]

The short answer is the Employer payments need to be received at the investment company by the due date of the employer tax return, counting extensions.

Section 404 of the IRC

[AlbanyConsultant]

A follow-up: I've just taken over a profit sharing plan for a 501©(3) entity, and they'd like me to show them the regulation about when they have to make their deposit. I know 404(a)(6), but technically, don't they not file a "corporate return"? Is there language specfic to this somewhere? Thanks.

[rcline46]

What is the 990 if not a corporate return?

[AlbanyConsultant]

Sure, it's obvious when you put it that way... Thanks, rcline46.