What do I need to do next?

Detailed instructions will be sent to you in an email on or about January 10, 2023 (from abaretirement@phmurphyandcompany.com), or in a letter if we do not have your email address on file¹. If you request a nondiscrimination test and/or a contribution calculation, please make sure to:

• Respond to the email² or submit the 401(k) Nondiscrimination Testing and Contribution Calculation Request Form.
• After receiving your request form, the Program will send you a secure email that includes a pre-populated Employee and Contribution Census spreadsheet from the recordkeeping system. Review, correct, and complete the census information according to the instructions provided (be sure to include participants’ termination or rehire status, information on newly eligible employees, and the prior year’s compensation³).

• Return the Employee and Contribution Census by February 11, 2023. If you have made a “Top Paid Group” election in your adoption agreement, complete the Top Paid Group Worksheet included in the email as well.
  • The compliance team will notify you of the results via encrypted email within 15 business days of receipt of your request in good order and will identify any corrective measures your plan may need to take. Materials received in good order after February 10, 2023, will be completed within 20 business days after receipt.

For more information on compliance testing, please visit the online Plan Administrator Guide at abaretirement.com/ePAG and see the section called Compliance and Communications.

1 Consider adding an email address to your plan records to receive Program communications more quickly.

2 The email solicitation campaign is open from about 1/10/23 to 4/17/23. If you are working with your accountant on an extension after that time it may be helpful to click “yes” in the solicitation email to receive the census now. Be sure to open the census email and save the census to your home drive for later use as there is a time limit on the secure emails used to send the census. You can also request a census after the campaign period by emailing compliance.testing@voyaplans.com and specifying your 6-digit plan number and the plan year for which you would like the census.

3 This data remains confidential and will be only used to communicate with your participants more effectively.