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VDC EMPLOYEE$5,662/87,216 32%2;)LQDQFLDO 3DUROO6HUYLFHVIRUWKH1RQSURILW6HFWRU:5&797 Phone 66.970.3301 Fa[YHWHUDQSDUROO#DULVVROXWLRQVRUJ(QUROOPHQW)REPAIR 9\'C3URJUDP(PSORHHVBELOW&KZD^Dh^d^/\'EdEZdhZEdKZ/asked/KEY
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A participant and/or employer refers to an individual or organization involved in a retirement plan such as a 401(k). Participants are employees that are part of the plan, while employers are the companies that sponsor the plan.
Employers are required to file information about participants in their retirement plans to the IRS.
To fill out a participant and/or employer form, employers need to gather information about the participants in their retirement plans such as name, social security number, contributions, etc., and submit the necessary forms to the IRS.
The purpose of filing participant and/or employer information is to ensure compliance with tax laws and regulations related to retirement plans and to provide necessary information to the IRS.
Information that must be reported includes participant names, social security numbers, contributions, benefits, and other relevant details about the retirement plan.
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