Tips for Completing TSC's Year-End Information Request
If your plan year ends December 31, you will receive our request for year-end information for 2018.  Assistance on completing our information request is provided in the links below.  

spreadsheet Employee Census Information 

With narrow exceptions for independent contractors and excluded classes, generally all employees and their compensation...  Read More

What is the correct information to provide?

Generally speaking, we'll always need gross compensation for all employees for the year and possibly additional amounts.  Read more

How can ownership structure affect a retirement plan?  Read more

What types of contributions should be reported?   Read More
Deposit Timing

TimerWhen do employee contributions need to be deposited to the plan?

As soon as deferrals are withheld from an employee's pay, the employer should be making efforts to deposit those into the plan.   Read more
Bonding  Bonds

Are plans required to have a Fidelity Bond?

Yes, typically a bond covering 10% of the plan assets is required.

Important Deadlines
Form 5500, Employer Contribution Deposit, ADP/ACP Excess, 402(g) Limit Corrections...  Read more
TSC Translator Contributing Staff Members
Jennifer Arntson-Schwientek
Relationship Manager - Retirement Plan Consultant
Andrea Gelhar
Retirement Plan Compliance Consultant
Becky Fisher
Retirement Plan Administration Consultant
Holly Dayton
Retirement Plan Compliance Consultant
Paul Erickson
Relationship Manager - Retirement Plan Consultant
Juhl Stoesz
Vice President, Compliance and General Counsel
Dennis Culhane
Retirement Plan Administration Consultant
Lisa Melberg
Retirement Plan Compliance Consultant
Dean Schwientek
Director of IT Operations
 Mike Gschwind
Internal Sales Consultant

Matt Slyter
Vice President Operations

Articles included in the TSC Translator are intended to provide general information about retirement plan developments and issues. The information provided should not be construed as legal or tax advice or opinion. Readers need to discuss specific factual situations confronting them with their retirement plan service providers and/or legal and tax advisors.

This email was sent by: TSC, Inc. 7300 Metro Blvd. Suite 450 Edina, MN 55439