---
title: "Screen plan accounts for participant amounts deposited late"
url: "https://ailawframework.com/practice/superannuation/build-a-self-managed-fund-contraventions-checklist-from-the-accounts/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A27-T1-R8-US"
practice_area: "Superannuation"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Screen plan accounts for participant amounts deposited late

> From the accounts the lawyer marks, list each amount withheld or paid to the employer, the date it would have been paid in cash or was received, and the date it was deposited. Do not call a row a breach.

Canonical page: https://ailawframework.com/practice/superannuation/build-a-self-managed-fund-contraventions-checklist-from-the-accounts/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Superannuation](https://ailawframework.com/practice/superannuation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the accounts the lawyer marks, list each amount withheld or paid to the employer, the date it would have been paid in cash or was received, and the date it was deposited. Do not call a row a breach. |
| What the lawyer must review | 29 C.F.R. § 2510.3-102 treats participant contributions and participant-loan repayments as plan assets from the earliest date they can reasonably be segregated from the employer's general assets. For a pension plan, that date is in no event later than the 15th business day of the following month. For a plan with fewer than 100 participants at the start of the plan year, deposit by the 7th business day is an optional safe harbour, not the only way to comply. A business day is any day other than a Saturday, a Sunday or a federal holiday. This screen only lines the accounts up against those dates. It does not decide a prohibited transaction, and it does not describe a correction. The employer's own contribution is not this regulation. Opinion 512: check a sample of rows against the accounts. |
| Written for | United States |
| Applies to | [Build a self-managed fund contraventions checklist from the accounts](https://ailawframework.com/practice/superannuation/build-a-self-managed-fund-contraventions-checklist-from-the-accounts.md) |

## Checking plan

- What the AI does: From the accounts the lawyer marks, list each amount withheld or paid to the employer, the date it would have been paid in cash or was received, and the date it was deposited. Do not call a row a breach.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Do not treat the 15th business day as the ordinary deadline.
- The 7th business day is an optional safe harbour for a small plan.
- This screen is not a correction plan.

## Sources

- [29 C.F.R. § 2510.3-102, Definition of plan assets — participant contributions](https://www.law.cornell.edu/cfr/text/29/2510.3-102) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)
- [ABA Model Rule 1.1, Competence](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_1_competence/) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*