Get 404c And 404a-5 Checklist - Washington Financial

This guide provides a detailed overview of how to fill out the 404c and 404a-5 Checklist for Washington Financial online. By following the steps outlined below, users can ensure that they comply with the necessary requirements under ERISA regulations.

Follow the steps to effectively complete the checklist ahead.

1. Press the ‘Get Form’ button to access the checklist and open it in the designated editing interface.
2. In the top section, fill in the required details for Plan Sponsor, Plan Name(s), Record Keeper, and Advisor.
3. Review the overview section carefully to understand the requirements for compliance under ERISA 404a-5.
4. Proceed to the 'General Requirements' section and confirm whether your plan is an 'individual account plan' by marking 'Yes' or 'No'.
5. As you move through the checklist, meticulously answer each question regarding the participants' rights and the plan's provisions for providing investment alternatives.
6. Document responses for the 'Information That Must Be Provided to Participants and Beneficiaries' section, ensuring all required disclosures are noted.
7. Complete the 'Information That Must Be Made Available to Participants and Beneficiaries Upon Request' section and note how this information is satisfied.
8. Address the 'Special Requirements That Apply to Plans With Employer Securities or Annuities' and ensure all necessary information is checked.
9. Lastly, review the 'Plan May Impose Reasonable Restrictions' section, ensuring all required restrictions are documented.
10. Once all sections of the checklist are complete, save your changes, download the document, print it for record-keeping, or share it as needed.

Complete your documentation online to ensure compliance and stay informed.