Summary Annual Reports and Funding Notices
Summary Annual Reports:
The Employee Retirement Income Security Act of 1974 (ERISA) requires the College to file annual reports with the Internal Revenue Service and the U.S. Department of Labor on the status of the College's various benefit plans and to provide employees with a summary of those reports, called a Summary Annual Report. The Summary Annual Report is a summary of the full report filed with the Internal Revenue Service. The College is required to distribute these to all plan participants, including current employees, retired employees and former employees.
Mount Ida College - Defined Contribution Retirement Plan
Mount Ida College - Welfare Benefit Plans
Annual Funding Notices:
The Pension Protection Act (PPA), enacted in 2006, requires sponsors of defined benefit pension plans to provide plan participants with certain information about the funded status of their plan. The Annual Funding Notice meets this annual requirement. The Annual Funding Notice is for informational purposes only. There is no impact on your accrued benefits.
Mount Ida College - Defined Benefit Pension Plan
These reports require no action from you; they are for informational purposes only. If you have any questions about these reports, please contact the Office of Human Resources at