Correction of Plan Defects

1,780 topics in this forum

1. Lafayette Life Insurance Co.

   By chris, May 7, 2001
   • 1 reply
   • 1.5k views
   • 
   • pmacduff
   • May 8, 2001

2. "110% Rule" Failure - Failure to restrict distribution to/obtain secured repayment obligation from restricted employee

   By E.D. Raff, October 18, 2021
   • 3 replies
   • 938 views
   • 
   • In House Counsel
   • December 6, 2024

3. "Amount Involved" in late contributions for 5330

   By BG5150, August 10, 2016
   • 4 replies
   • 2.6k views
   • 
   • BG5150
   • August 11, 2016

4. "Bug" in DOL Lost Earnings Calculator?

   By EPCRSGuru, May 31, 2016
   • 2 replies
   • 1.1k views
   • 
   • EPCRSGuru
   • June 2, 2016

5. "Clawing back" funds contributed erroneously to participants for many years

   By Belgarath, October 11, 2021
   • 5 replies
   • 837 views
   • 
   • Belgarath
   • October 13, 2021

6. "fired" clients

   By K2retire, October 28, 2010
   • 7 replies
   • 1.6k views
   • 
   • K2retire
   • November 1, 2010

7. "Forever disqualified?"

   By Guest jfp, October 8, 2003
   • 2 replies
   • 1.4k views
   • 
   • Guest
   • October 9, 2003

8. "Hard Wired" Safe Harbor Election?

   By ERISA1, November 9, 2004
   • 4 replies
   • 1.5k views
   • 
   • Tom Poje
   • November 9, 2004

9. "Interim" amendments

   By Guest Sieve, April 24, 2009
   • 1 reply
   • 2.9k views
   • 
   • Belgarath
   • April 24, 2009

10. "Late" safe harbor non elective

    By Guest dhall, October 3, 2008
    • 2 replies
    • 1.9k views
    • 
    • K2retire
    • October 3, 2008

11. "Lost Opportunity" Correction

    By Christine Roberts, November 13, 2007
    • 3 replies
    • 2k views
    • 
    • 401 Chaos
    • January 17, 2008

12. "Missed deferral opportunity" - plan allows for correction of ADP by returning the excess

    By taxllm, August 26, 2011
    • 6 replies
    • 3.7k views
    • 
    • taxllm
    • August 26, 2011

13. "Missed Opportunity"

    By Randy Watson, July 6, 2009
    • 3 replies
    • 2.1k views
    • 
    • Randy Watson
    • July 6, 2009

14. "Overpayment"

    By Fielding Mellish, August 14, 2014
    • 1 reply
    • 1.6k views
    • 
    • John Feldt ERPA CPC QPA
    • August 14, 2014

15. "policy" in lieu of amendment to plan document?

    By mariemonroe, April 1, 2008
    • 7 replies
    • 1.7k views
    • 
    • david rigby
    • May 2, 2008

16. "Reasonable" estimate of earnings needed

    By BG5150, February 16, 2016
    • 5 replies
    • 1.5k views
    • 
    • bito'money
    • March 1, 2016

17. "Under Examiniation" - Multiemployer Plan

    By luissaha, September 9, 2013
    • 2 replies
    • 1.1k views
    • 
    • PensionPro
    • September 9, 2013

18. 1 man DB plan - fail to amend plan PPA, 415

    By Guest potomac22, November 9, 2010
    • 0 replies
    • 1k views
    • 
    • Guest
    • November 9, 2010

19. 1 Participant RMD Failure Over Multiple Years - How do we correct and report?

    By waid10, January 17, 2020
    • 4 replies
    • 1.7k views
    • 
    • spiritrider
    • February 23, 2020

20. 1.401(a)(4)-11g correction of S.H. plan

    By ESOP Guy, January 26, 2012
    • 3 replies
    • 1.8k views
    • 
    • Tom Poje
    • January 27, 2012

21. 10% tax on excess deferrals returned after 4/15

    By AKconsult, May 12, 2011
    • 4 replies
    • 8.2k views
    • 
    • AKconsult
    • May 12, 2011

22. 1099 reporting for corrective distributions made under a VCR -- A ques

    By Guest kharris, January 6, 2000
    • 3 replies
    • 1.9k views
    • 
    • Fredman
    • January 10, 2000

23. 1099-R for forfeiture of trustees' benefits to fund missing contributions?

    By AndrewZ, April 19, 2006
    • 4 replies
    • 1.9k views
    • 
    • AndrewZ
    • April 20, 2006

24. 1099-R for which year(s)?

    By Guest BJW, September 10, 2002
    • 1 reply
    • 1.4k views
    • 
    • kocak
    • September 10, 2002

25. 11g Corrective Amendment and Eligibility

    By Dougsbpc, June 24, 2015
    • 0 replies
    • 1.6k views
    • 
    • Dougsbpc
    • June 24, 2015

26. 14568 and 14568-E: Redundant? Loan Failure

    By Towanda, December 19, 2018
    • 3 replies
    • 515 views
    • 
    • Towanda
    • December 20, 2018

27. 2 basic errors..correction options

    By Draper55, February 17, 2015
    • 7 replies
    • 1.6k views
    • 
    • QDROphile
    • February 18, 2015

28. 2 multiple operational failure questions

    By card, February 15, 2001
    • 3 replies
    • 1.7k views
    • 
    • david rigby
    • August 13, 2001

29. 2 plans - one is under audit

    By John Feldt ERPA CPC QPA, February 2, 2012
    • 3 replies
    • 999 views
    • 
    • Guest
    • February 14, 2012

30. 2003 Profit Sharing not paid

    By Lori H, August 9, 2010
    • 0 replies
    • 872 views
    • 
    • Lori H
    • August 9, 2010

31. 2007 plan year P.S. Contribuiton not made

    By Lori H, May 22, 2009
    • 3 replies
    • 1.2k views
    • 
    • Lori H
    • May 26, 2009

32. 2009 ADP Failure

    By Dazednconfused, November 2, 2010
    • 2 replies
    • 1.3k views
    • 
    • Dazednconfused
    • November 2, 2010

33. 2848 & John Doe VCP

    By MSN, March 5, 2010
    • 3 replies
    • 1.3k views
    • 
    • Gudgergirl
    • March 11, 2010

34. 401(a) plan merged into 403(b) plan - how to correct

    By taxllm, March 8, 2016
    • 5 replies
    • 1.2k views
    • 
    • ErisaGooroo
    • July 28, 2016

35. 401(a)(17) Errors

    By Christine Roberts, September 27, 1999
    • 1 reply
    • 1.8k views
    • 
    • Guest
    • October 11, 1999

36. 401(a)(17) excess contributions corrected under SCP subject to 4972 excise tax?

    By jkharvey, September 29, 2017
    • 2 replies
    • 1.3k views
    • 
    • Luke Bailey
    • October 2, 2017

37. 401(a)(17) Violation

    By Guest jefe96, June 4, 2007
    • 5 replies
    • 3.5k views
    • 
    • Tom Poje
    • June 5, 2007

38. 401(a)(9) Amendment

    By Guest PBJ, March 9, 2007
    • 1 reply
    • 1.7k views
    • 
    • 401_4_ever
    • March 9, 2007

39. 401(a)(9) nonamender

    By RTK, December 9, 2004
    • 4 replies
    • 2.3k views
    • 
    • Guest
    • February 7, 2005

40. 401(k) - correction for deferrals before eligible

    By richard, May 22, 2000
    • 0 replies
    • 1.7k views
    • 
    • richard
    • May 22, 2000

41. 401(k) -- Contingent Benefit Rule Violated

    By Guest mrjones, June 30, 2006
    • 0 replies
    • 2.8k views
    • 
    • Guest
    • June 30, 2006

42. 401(k) Deferral Correction

    By MGOAdmin, June 4, 2014   

    • Correction
    • 0 replies
    • 1.1k views
    • 
    • MGOAdmin
    • June 4, 2014

43. 401(k) Failed coverage test

    By 52626, May 16, 2018
    • 8 replies
    • 6.2k views
    • 
    • Kevin C
    • May 18, 2018

44. 401(k) on ineligible nontaxable comp refunded - tax treatment

    By TPApril, March 18, 2022
    • 1 reply
    • 475 views
    • 
    • Bri
    • March 18, 2022

45. 401(k) Payout to Participant Not Terminated

    By lkpittman, January 9, 2001
    • 4 replies
    • 2.3k views
    • 
    • lkpittman
    • January 9, 2001

46. 401(k) Plan that Never Permitted Deferrals

    By Guest Corrections Questions, January 19, 2012
    • 6 replies
    • 1.5k views
    • 
    • Guest
    • January 20, 2012

47. 401(k) with safe harbor match makes QNEC for missed defferal opportunity

    By jkharvey, March 24, 2015
    • 1 reply
    • 1.4k views
    • 
    • Kevin C
    • March 26, 2015

48. 401a4 failure

    By Jakyasar, April 22, 2020
    • 9 replies
    • 1.4k views
    • 
    • Jakyasar
    • April 23, 2020

49. 401k contributions continue after participant's death

    By Santo Gold, August 16, 2023
    • 9 replies
    • 2.3k views
    • 
    • Nate S
    • August 23, 2023

50. 401k Election Form - who is responsible for correct withholding amount?

    By cheersmate, March 5, 2013   

    • incorrect withholding amount
    • 1 reply
    • 2.4k views
    • 
    • QDROphile
    • March 5, 2013