401(k) Annual Census Client Submission Checklist

This document is a guide designed to assist clients in submitting complete and accurate census data to their Third-Party Administrator (TPA) for 401(k) plans. It outlines the necessary information required for all employees, including identifying information, compensation data, hours and service information, ownership details, and deferral and contribution data. The checklist emphasizes the importance of timely submission to ensure accurate contribution calculations, compliance testing, and on-time Form 5500 filing. Each section specifies the required data points, such as full legal names, Social Security numbers, gross compensation, total hours worked, ownership percentages, and pre-tax deferral amounts. Additionally, it includes a final review section to verify the completeness of the submission and offers helpful tips for coordinating with the TPA and payroll provider. The document also includes a disclaimer stating that it is for informational purposes only and does not constitute legal or professional advice.