EPCU Project–Non-Cash Contributions Project

The Employee Plans Compliance Unit’s Non-Cash Contributions project involved reviewing plans that reported non-cash contribution amounts on Form 5500.

Document Excerpt
The project reviewed plans that reported non-cash contribution amounts on Schedule H or Schedule I to determine whether there were non-cash contributions and, if so, whether the contributions were allowable.

The EPCU selected Forms 5500 where the returns indicated non-cash contributions of $100,000 or more. The EPCU used a stratified technique for case selection, contacting all defined benefit (DB) plans and a statistically valid sample of the more predominant defined contribution (DC) plans.

The project included tax periods ending between December 31, 2006 and November 30, 2007. The EPCU sent compliance check letters to gather additional information on the reported contributions.

Link

https://www.irs.gov/retirement-plans/employee-plans-compliance-unit-epcu-projects-with-summary-reports-non-cash-contributions-project

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