Elective employee 401(k) wage deferral withholdings are to be remitted to the Fund Office once withheld from an employee's paycheck.
Reporting 401(k) Contributions
Reporting 401(k) contributions for eligible employees is easy to do. Download the Report of Hours & Contributions and mail the completed report and payment to Carpenter Trust Fund – Employer.
Reporting can also be done securely through our Online Employer Reporting system. Eliminate the paperwork and sign up today for electronic reporting.
Withheld contributions are to be forwarded to the Trust Fund weekly. Please note that it’s important to forward contributions on a timely basis, as there are serious consequences for failing to do so. In the event contributions withheld are not received by the Trust Fund within the IRS mandated period of time, delinquent contributions are subject to:
- Liquidated damages
- Assessment of lost investment earnings owed to 401(k) Plan participants
- Any excise tax penalty that may be assessed on the Employer by the Internal Revenue Service or Department of Labor
Where to Send Payments:
All 401(k) reports and payments should be mailed to:
CARPENTER TRUST FUND - EMPLOYER
PO BOX 882134
SAN FRANCISCO CA 94188-2134