Updated: Jul 31, 2020
Your 401(k) plan census contains important information about each employee in your
company. This information is used to complete the annual nondiscrimination testing required by the IRS and DOL.
Preparing census data can be time-consuming, but accurate census data is crucial to completing accurate testing. We want to make gathering census data easier for you. We have created a bulleted list with instructions, definitions, and general tips designed to take the headache out of gathering your census data. The training tip below serves as a detailed guideline for completing your company's census.