Correction of Plan Defects

1,781 topics in this forum

1. Impermissible Distribution

   By waid10, March 16, 2010
   • 23 replies
   • 18.6k views
   • 
   • Bird
   • April 27, 2021

2. De minimus on corrective contribution?

   By BG5150, December 3, 2008
   • 13 replies
   • 14k views
   • 
   • ERISAatty
   • October 3, 2012

3. DOL Online VFCP Calculator - Lost Earnings

   By Appleby, November 18, 2006
   • 0 replies
   • 13.2k views
   • 
   • Appleby
   • November 18, 2006

4. IRS has a new position on plan loan interest rate??? Anyone dealt with this?

   By ERISAatty, June 21, 2013   

   • Cryptic VCP comments
   • Was this code?
   • (and 4 more)

     Tagged with:

     • Cryptic VCP comments
     • Was this code?
     • Plan Loan
     • Interest rate
     • prime plus
     • reasonable
   • 36 replies
   • 12k views
   • 
   • ForksnKnives
   • June 27, 2013

5. Mistake of Fact

   By Guest pjrieck, March 27, 2002
   • 15 replies
   • 10.1k views
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   • Appleby
   • May 10, 2005

6. Unallocated forfeitures

   By 30Rock, April 20, 2010
   • 12 replies
   • 9.5k views
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   • Guest
   • May 24, 2010

7. mistake of fact ER deposit

   By Santo Gold, July 10, 2008
   • 12 replies
   • 8.8k views
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   • Belgarath
   • May 10, 2012

8. Missed deferral correction for participants who have terminated

   By Belgarath, December 15, 2015
   • 12 replies
   • 8.5k views
   • 
   • legort69
   • August 21, 2020

9. 10% tax on excess deferrals returned after 4/15

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

10. 5330 - late deposit of deferrals

    By Belgarath, March 30, 2017
    • 11 replies
    • 8.1k views
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    • Below Ground
    • July 14, 2017

11. Notice for Failure to Start Elective Deferrals

    By Tinman, August 31, 2015
    • 4 replies
    • 7.9k views
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    • Peter Gulia
    • December 11, 2015

12. llegal Alien in 401(k) Plan

    By jkdoll2, December 15, 2008
    • 11 replies
    • 7.9k views
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    • jkdoll2
    • December 16, 2008

13. How far back?

    By jpod, January 12, 2015
    • 16 replies
    • 7.5k views
    • 
    • 401 Chaos
    • August 6, 2021

14. Failure to stop deferrals after a hardship distribution

    By Guest Benefitsrock, July 24, 2007
    • 5 replies
    • 7.2k views
    • 
    • KateSmithPA
    • July 21, 2009

15. Return of Excess Employer Contributions - PSP

    By Guest DianeTPA, June 25, 2010
    • 7 replies
    • 7.2k views
    • 
    • Guest
    • June 30, 2010

16. Money Purchase Plan- No QJSA Notices Given

    By mal, July 9, 2007
    • 20 replies
    • 7k views
    • 
    • ak2ary
    • January 28, 2008

17. 401k Salary Deferrals Not taken from Bonus Pay

    By Jean, April 16, 2001
    • 9 replies
    • 6.9k views
    • 
    • Kirk Maldonado
    • December 27, 2002

18. Correcting contribution deposit to wrong participant's account

    By Guest DVW, November 24, 2008
    • 6 replies
    • 6.8k views
    • 
    • Guest
    • March 20, 2009

19. Holding TPA responsible for Top Heavy Error

    By Guest cac1134, April 4, 2007
    • 24 replies
    • 6.8k views
    • 
    • Guest
    • May 15, 2007

20. Payment of legal fees by forfeiture account funds

    By Guest KHenry14, September 4, 2008
    • 11 replies
    • 6.8k views
    • 
    • Guest
    • September 5, 2008

21. Calculating lost earnings on late 401(k) deposits.

    By R. Butler, September 19, 2000
    • 5 replies
    • 6.7k views
    • 
    • KJohnson
    • May 26, 2001

22. Calculating Losses on Missed Deferrals

    By Guest BuckyBadger, March 30, 2009
    • 13 replies
    • 6.7k views
    • 
    • PJ2009
    • April 3, 2009

23. PS contributions calculated as Corp. not Self employeed

    By Lori H, May 3, 2007
    • 27 replies
    • 6.5k views
    • 
    • Lori H
    • May 17, 2007

24. Missed deferral

    By Guest Serena, August 30, 2010
    • 6 replies
    • 6.5k views
    • 
    • Belgarath
    • September 1, 2010

25. Inclusion of Ineligible Employees - SCP by Amendment

    By Guest Dressageho, April 9, 2011
    • 9 replies
    • 6.3k views
    • 
    • Guest
    • August 23, 2011

26. RMD took too much

    By ESOP Guy, January 31, 2012
    • 15 replies
    • 6.2k views
    • 
    • Guest
    • February 23, 2012

27. 401(k) Failed coverage test

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

28. Participant's Lie Results in No Spousal Consent

    By Scott, February 26, 2003
    • 15 replies
    • 6.2k views
    • 
    • mbozek
    • February 27, 2003

29. Excess S.H. Match...where does it go?

    By Lori H, September 14, 2017
    • 8 replies
    • 6.1k views
    • 
    • Kevin C
    • September 15, 2017

30. Failed Nondiscrimination Test Under 401(a)(4)

    By Guest CDF13, May 27, 2010
    • 5 replies
    • 6k views
    • 
    • rcline46
    • June 3, 2010

31. Hardship Proof

    By Guest lindamichals, September 19, 2008
    • 14 replies
    • 5.8k views
    • 
    • Guest
    • September 24, 2008

32. Late 402(g) Excess Deferral

    By DTH, April 2, 2008
    • 11 replies
    • 5.7k views
    • 
    • Guest
    • May 22, 2008

33. unsigned plan document or amendments

    By k man, April 11, 2006
    • 12 replies
    • 5.6k views
    • 
    • k man
    • May 1, 2006

34. plan document contains wrong formula

    By wsp, August 5, 2004
    • 26 replies
    • 5.3k views
    • 
    • Blinky the 3-eyed Fish
    • August 11, 2004

35. Failure to amend for PPA

    By Gudgergirl, March 11, 2010
    • 14 replies
    • 5.2k views
    • 
    • Trekker
    • April 1, 2011

36. distribution overpayment

    By Guest GENE, May 2, 2000
    • 12 replies
    • 5.1k views
    • 
    • pjkoehler
    • May 12, 2000

37. Union And Non-union Employees In Same Plan

    By Guest mr.pension, March 16, 2002
    • 5 replies
    • 5k views
    • 
    • KJohnson
    • March 29, 2002

38. Calculation of Lost Earnings

    By rcline46, November 11, 2005
    • 6 replies
    • 4.9k views
    • 
    • Guest
    • December 7, 2005

39. Correction for Missed Match

    By Guest Pension Girl, January 5, 2010
    • 6 replies
    • 4.9k views
    • 
    • Kevin C
    • January 7, 2010

40. QSLOB "testing" frequency?

    By Guest beppie_stark, July 18, 2005
    • 12 replies
    • 4.8k views
    • 
    • Guest
    • July 29, 2005

41. VFCP - late deferrals

    By ERISA13, March 9, 2009
    • 3 replies
    • 4.8k views
    • 
    • Below Ground
    • March 19, 2009

42. Correcting 410(b) failure in controlled group

    By Floridaattorney, November 29, 2013
    • 2 replies
    • 4.8k views
    • 
    • Floridaattorney
    • December 2, 2013

43. Coverage of Illegal alien - rights to account balance

    By Guest Thomas Pritchett, March 25, 2004
    • 6 replies
    • 4.8k views
    • 
    • mbozek
    • April 2, 2004

44. Non Amender VCP

    By Scuba 401, May 24, 2010
    • 12 replies
    • 4.6k views
    • 
    • Guest
    • March 31, 2011

45. Correcting Coverage Failure when Testing Not Otherwise Excludable Separately

    By PensionPro, August 26
    • 0 replies
    • 4.6k views
    • 
    • PensionPro
    • August 26

46. Is it a QNEC or MATCH?

    By pam@bbm, June 2, 2016
    • 6 replies
    • 4.6k views
    • 
    • legort69
    • October 3, 2019

47. Excise Tax on Late Employer Contributions?

    By Guest sammy, July 8, 2003
    • 2 replies
    • 4.5k views
    • 
    • mbozek
    • July 24, 2003

48. 401k overpayment to employee that left

    By polomaan, October 7, 2015
    • 3 replies
    • 4.5k views
    • 
    • ESOP Guy
    • October 7, 2015

49. How to correct for Affiliated Employers Failure to adopt 401(k) plan of Parent Company?

    By Guest benefitsnewbie, July 18, 2012
    • 6 replies
    • 4.5k views
    • 
    • austin3515
    • January 21, 2015

50. lost earnings calculation on late deposits

    By Guest MHopkins, November 15, 2011
    • 6 replies
    • 4.5k views
    • 
    • ETA Consulting LLC
    • November 15, 2011