Steve Waddo Posted March 12, 2015 Share Posted March 12, 2015 We are consulting on a 403(b) plan that has had an ADP test run (and refunds processed) for the past several years. Anyone have any thoughts about a correction method? Thanks. Link to comment Share on other sites More sharing options...
Kevin C Posted March 13, 2015 Share Posted March 13, 2015 My first step would be to push for replacing the service provider who was responsible. Then, if the affected participants did not have other accounts that were eligible for in-service distribution at the time, I would turn to Rev. Proc. 2013-12's correction method for overpayments. Link to comment Share on other sites More sharing options...
Steve Waddo Posted March 13, 2015 Author Share Posted March 13, 2015 Thanks Kevin. Link to comment Share on other sites More sharing options...
IRA Posted April 7, 2015 Share Posted April 7, 2015 Why are you running an ADP test on a 403(b) plan? Link to comment Share on other sites More sharing options...
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