401(k) Plan Fix-It Guide. Potential Mistake . Find the Mistake ; Fix the Mistake . Avoid the Mistake . 1) You have not updated your plan document within the past few years to See 401(k) Resource Guide - Plan Sponsors - Filing Requirements. 3. 2/2/2012 . A recent review of the 401(k) Fix-It guide indicates that EPCRS correction procedures would only be appropriate if your plan document contains a provision that specifically states the number of days by which the deposit must be made. 401k Mistakes | IRS Updated 401k Fix-It Guide 1. 6/17/20141 401(k) Plan Fix-It Guide Mistake Find the Mistake Fix the Mistake Avoid the Mistake 1) You haven't updated your plan document within the past few years to reflect recent law changes. (More) Review the annual cumulative list to see if The IRS Fix It Guides are designed to communicate in the most common terms, certain correction programs that are available to employers when they don't operate their 401(k) Plan pursuant to regulations. The 401(k) Fix It Guide details how to find plan mistakes, how to fix plan mistakes and how to avoid plan mistakes in the future. IRS Eases Correction Rules for Missed Employee 401(k) & 403(b) Deferrals Posted on May 1, 2015 The IRS has eased the requirements for correcting a failure to honor an employee's election to defer a portion of his or her pay. The IRS 401(k) Fix-It Guide Without the right help, operating a 401(k) retirement plan can seem complicated and errors can easily happen. Nova 401(k) Associates understands that your 401(k) Plan may only be a small part of your responsibilities, but mishandling or neglecting your 401(k) plan can have serious consequences. 1. 6/17/20141 401(k) Plan Fix-It Guide Mistake Find the Mistake Fix the Mistake Avoid the Mistake 1) You havent updated your plan document within the past few years to Mistake. Find the Mistake. Fix the Mistake. Avoid the Mistake. 5) The plan failed the 401(k) ADP and ACP nondiscrimination tests. Conduct an indepen