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Department of Labor Proposes Safe Harbor Rule for Deposit of Employee 401(k) Contributions
The Retirement Plan Blog 
[Opinion] Mar. 2, 2008
Excerpt: We had been waiting for this for some time: a safe harbor rule for the time by which retirement plan sponsors must deposit employee 401(k) contributions. On February 28, 2008, the Department of Labor (DOL) announced that employee contributions to a 'small'retirement plan (one with less that 100 participants) will be deemed to be made in compliance with the law if those amounts are deposited with the plan within 7 business days of receipt or withholding.
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