IRS Tax: IRS 401(k) compliance check questionnaires
(1) potential compliance issues,
(2) any plan operational issues, and (3) additional education and outreach guidance that may be helpful for the IRS to make available to plan sponsors to improve compliance.
The questionnaires contain approximately 70 questions, which must be answered carefully and accurately online. If the answers to the questions raise compliance concerns or if a taxpayer simply fails to respond, a plan audit could result.