PPA opinion letters for DC prototype/volume submitter out yet?

[Guest TaxedToDeath]

The IRS indicated on its website on 3/27/2014 that it expected to issue "most opinion and advisory letters for the latest round of pre-approved defined contribution plans on March 31, 2014." But so far, none of the TPAs I have spoken to have received their letters yet. Has anyone else received their opinion letters?

http://www.irs.gov/Retirement-Plans/New-Two-Year-Period-to-Adopt-Restated-Pre-approved-DC-Plans

[Lame Duck]

Sungard, who is our document provider has indicated that we should expect our letters by the end of the month.

[Peter Gulia]

A follow-on question: If a big bank, insurance company, or recordkeeper in early May gets the letter on its volume-submitter document, how much time does the institution take to program the computers and set up the services to be ready to process a restatement on the revised documents?

(I ask this because a client wants to do its restatement as soon as possible. The employer made ONE modification to state a provision not in the volume-submitter document, and cannot get the IRS's determination until it presents the modification as done on the again-restated plan.)

[Kevin C]

It will depend on the company. You'll need to ask the document vendor. We use ASC documents. They sent an e-mail this week saying that the new documents will be available in their system May 1.