January 3, 2014 Paycheck was included in 2013 year

[Jim Chad]

A calendar 401(k) Plan and we just discovered that for a while we were getting Pay period reports instead of pay check reports. So January 3, 2014 Paycheck was included in 2013 year. Do I have to redo the 2013 work?

Isn't there some rule about when a pay period spans 2 years you have an option which year to include it in?

[QDROphile]

The IRS has said informally that as long as the practice is regular, a pay period that crosses year end can have pay recorded in either year. A written policy would be nice. I would start to be concerned about a pay period of a month. What happened the year before?

[Lou S.]

How are W-2 handled and which year does it go into for 402(g)?

Those would be my biggest concerns.

But I agree with QDROphile's response above.

[Tom Poje]

also, check the document

for example one such document provider has the following language

"Post Year End Compensation" means amounts earned during a year but not paid during that year solely because of the timing of pay periods and pay dates if: (i) these amounts are paid during the first few weeks of the next year; (ii) the amounts are included on a uniform and consistent basis with respect to all similarly situated Employees; and (iii) no compensation is included in more than one year.

def 414s comp:
...The Plan Administrator may include Post Severance Compensation and/or determine Section 414(s) compensation using Post Year End Compensation.