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I have also posted this to the 401k board...but I need help!

My coworkers and I have a serious delimma....Our company has not been putting in our contributions in a timely manner. It is our understanding that they have until the 15th of the following month to put in our contributions. They have neglected to do this 4 times last year. In fact, our two most recent paycheck contributions have not be made. The company pays the 401k program with a check, not direct deposit, so they basically pay whenever they want. It is our understanding that they have been using our 401k money as a means to float the company while we are in a slump.

We are trying to find out as much information as we can to "scare" them and let them know we are serious about this without resorting (yet) to the IRS or Labor Dept. I have checked the IRS site and a few other locations. I need to find the exact paragraph/document that specifies the time frame allowed for contributions.

Any help would be greatly appreciated!

K
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