457(b) Plan Administration Questionnaire - AFPlanServ 2026

See details

4.8 out of 5

80 votes

The document is a 457(b) Plan Administration Questionnaire intended for employers to provide necessary information for AFPlanServ® to administer their 457(b) retirement plans. It includes sections for employer details, plan information, eligibility criteria, contribution limits, rollover policies, distribution rules, and additional provisions. Employers must complete the questionnaire to establish or modify their plan and ensure compliance with IRS regulations.

Here's how it works

01. Edit your afplanserv online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out 457(b) Plan Administration Questionnaire - AFPlanServ with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the 457(b) Plan Administration Questionnaire in the editor.
Begin by filling out the Employer Information section. Enter the legal name, Federal Tax ID, address, and contact details accurately to ensure proper identification.
Proceed to the Plan Information section. Specify whether this is a new or existing plan and provide effective dates as required.
In the Plan Eligibility section, indicate which employees are eligible for contributions. Be sure to clarify any exclusions based on your organization’s policies.
Complete the Contributions section by detailing maximum elective deferrals and any catch-up contributions allowed under your plan.
Fill out sections regarding Rollovers, Transfers, and Exchanges as applicable. Ensure you check all relevant boxes based on your plan's provisions.
Finally, review all entered information for accuracy before submitting. Use our platform’s features to save or share your completed form easily.

Start using our platform today for free to streamline your document editing and form completion!

See more 457(b) Plan Administration Questionnaire - AFPlanServ versions

We've got more versions of the 457(b) Plan Administration Questionnaire - AFPlanServ form. Select the right 457(b) Plan Administration Questionnaire - AFPlanServ version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2019	4.8 Satisfied (80 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Which of the following are characteristics of a 457 B plan used by a state and local government employer?

Although similar to 401(k) plans, 457(b) plans for state or local governmental employers, have key characteristics and unique features: Potential inclusion of independent contractors in 457(b) plans. No coverage or nondiscrimination testing. Single contribution limit for elective deferrals and contributions.

Which of the following are characteristics of a 457 B?

457(b) plans have several key features: Pre-Tax Contributions: Contributions are made on a pre-tax basis, reducing taxable income and deferring taxes until withdrawal. No Early Withdrawal Penalty: Unlike other retirement plans, 457(b) plans do not impose a 10% penalty for withdrawals before age 59 .

In what ways are 401(k) plans, 403(b) plans, and 457 plans similar?

All of the plans have the same age-50-and- over catch-up provisions that allow older workers to contribute an additional $6,000 per year. Contributions to 401(k) and 403(b) plans count toward the same maximum contribution limit; however, contributions to 457 plans are viewed independently from the other two plans.

Which of these are characteristics of governmental section 457 plans?

The characteristics of governmental Section 457 plans include penalty-free withdrawals upon separation from service, a special catch-up provision for the last five years before retirement, and contributions made on a pre-tax basis. Additionally, these plans can offer Roth elective deferrals.

Is a 457 plan better than a 401k?

The two plans are also different in that 401(k) plans do not offer a three-year Pre-Retirement Catch-Up; and 457(b) plans do. Another difference is that a 401(k) distribution prior to age 59 may be subject to a 10% early withdrawal penalty and 457(b) plans generally do not have the same early withdrawal penalty.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

What are the benefits of a 457 B plan?

The Advantages Of A 457(B) Savings Plan Ability to withdraw funds before age 60 penalty free. Unlike other retirement savings plans, such as 401(k) or 403(b), you can withdraw money from your 457(b) prior to age 59 without being accessed a 10% penalty. Reduce current tax bill.

What are the disadvantages of a 457 B plan?

Cons of 457(b) plans: Fewer investing options than 401(k)s (Not as common today) Only available to certain employees employed by state or local governments or qualifying nonprofits. Employer contributions count toward the annual limit. Non-governmental 457(b) plans are riskier.

What is the difference between a governmental and non-governmental 457 B plan?

457(b) plans arent subject to ERISA. Unlike 401(k)s, savings in non-governmental 457(b)s are at risk from creditors if the sponsoring employer goes bankrupt. Governmental 457(b) plans are protected from creditors.

457(b) Plan Administration Questionnaire - AFPlanServ 2026

Here's how it works

How to use or fill out 457(b) Plan Administration Questionnaire - AFPlanServ with our platform