[UCRDBR] UCPath Update - Missed Contributions to Fidelity Voluntary Retirement Savings Plan on Final Paycheck
Departmental Benefits Representatives
ucrdbr at lists.ucr.edu
Fri Oct 3 15:04:42 PDT 2025
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October 3, 2025
To:
Department Benefits Representatives (DBRs)
From:
Central HR Benefits Office on behalf of the UCPath Center
Re:
Update on Missed Deductions for Fidelity Voluntary Retirement Savings Plan on Final Paycheck
____________________________________________________________________________________________________
DBRs, please share this information via your internal listserv. Do not reply to this email. Please send a separate email with questions to benefits at ucr.edu<mailto:benefits at ucr.edu>.
In July, UCPath discovered an issue involving missing Fidelity voluntary retirement savings deductions on employees' final paychecks that were issued from February 1, 2025, to July 2, 2025.
In accordance with Internal Revenue Service (IRS) guidelines, UC will correct this by making a Qualified Nonelective Contribution (QNEC), plus any applicable earnings, through the date of deposit for the plan(s) listed below:
* 403(b) Plan - Pretax and/or Roth contributions
* 457(b) Plan - Pretax and/or Roth contributions
* Defined Contribution Plan (DCP) - After-Tax voluntary contributions
UCPath has communicated directly with the affected employees regarding next steps. Employees will see the contribution reflected on their Fidelity Investments account statement within the next 30 days.
For more details on this issue, please reference the resources below:
* Prior Notice: UCPath Alert: Missed Deductions for Voluntary Savings Plans on Final Paychecks<https://ucofficeofthepresident.sharepoint.com/sites/UCPathLocationSupport/Lists/UCPC%20Announcements/DispForm.aspx?ID=1480&e=Pq3eX1>
* Jira ticket: UCP-171889 Identify Population of Employees with Retirement and/or Termination<https://ucopedu.atlassian.net/browse/UCP-171889>
Should you have any questions, please contact the UCPath Center.
UCPath
(855) 982-7284
Monday - Friday from 8:00 a.m. - 5:00 p.m.
ucpath.universityofcalifornia.edu<https://ucpath.universityofcalifornia.edu/>
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