Item
Entity or person permitted to establish the plan
What about a fiscal year or a calendar year?
Maximum allocation per employee. See employee deferral limits also.
Pre-Tax employee deferrals?
Employee deferral limit
Deferral Election Changes
Employer matching contributions
Minimum funding for "top heavy" plans
Eligibility: Maximum eligibility is listed. Can use less restrictive requirements.
Plan MUST be adopted by:
Contribution Due Date
Taxation of contributions
How deducted on the tax return?
Type of document
What to do to establish?
Investment Objectives
Social Security Integration?
Vesting Requirements
Treatment of Forfeitures
Distributions
Premature distribution penalty for Pre- 59 1/2 distributions.
Averaging on distributions?
Rollover and plan-to-plan transfers
Mandatory withholding?
Loans. See notes.
Annual tax return required form 5500?
Investment Vehicles
Paired plans or maintain another plan?
Trustee
Subject to ERISA 404(c)?
Third Party Administrator Required? (TPA)
Approximate annual cost
Bonding required?