Correction of Plan Defects

1,793 topics in this forum

1. Failure to follow plan loan policy - EPCRS?

   By t.haley, June 15, 2015
   • 1 reply
   • 1.4k views
   • 
   • Atila
   • January 20, 2016

2. Failed ACP test correction after 1 year: questions

   By BG5150, January 7, 2016
   • 9 replies
   • 2.7k views
   • 
   • BG5150
   • January 11, 2016

3. Late Interim Amendment

   By jpod, January 6, 2016
   • 14 replies
   • 2.3k views
   • 
   • Kevin C
   • January 8, 2016

4. Newly established 401(k) but owners funded SIMPLE IRA

   By Lori H, December 15, 2015
   • 9 replies
   • 1.6k views
   • 
   • K2retire
   • December 23, 2015

5. Failure to start deferral 4 years ago

   By pam@bbm, December 15, 2015
   • 7 replies
   • 1.5k views
   • 
   • QDROphile
   • December 17, 2015

6. Notice for Failure to Start Elective Deferrals

   By Tinman, August 31, 2015
   • 4 replies
   • 8.4k views
   • 
   • Peter Gulia
   • December 11, 2015

7. Determination Letter Requirement When Correcting with Retroactive Amendment

   By 401 Chaos, December 10, 2015
   • 5 replies
   • 1.5k views
   • 
   • 401 Chaos
   • December 11, 2015

8. Wrong compensation used to calculate deferral

   By pam@bbm, December 10, 2015
   • 2 replies
   • 1.3k views
   • 
   • pam@bbm
   • December 10, 2015

9. Incorrect vesting applied

   By Belgarath, August 11, 2004
   • 1 reply
   • 1.6k views
   • 
   • 401 Chaos
   • December 8, 2015

10. Safe Harbor starts October 1, fails to offer deferrals

    By John Feldt ERPA CPC QPA, December 2, 2015   

    • safe harbor
    • missed deferral
    • (and 2 more)

      Tagged with:

      • safe harbor
      • missed deferral
      • 2015-28
      • QNEC
    • 1 reply
    • 1.4k views
    • 
    • ETA Consulting LLC
    • December 2, 2015

11. Rev Proc 2015-28 and Terminated Employees

    By Gruegen, November 9, 2015
    • 0 replies
    • 1.5k views
    • 
    • Gruegen
    • November 9, 2015

12. Hardship distribution didn't include after tax dollars

    By TheRestatement3dOfTed, November 4, 2015   

    • 401(k)
    • EPCRS
    • (and 2 more)

      Tagged with:

      • 401(k)
      • EPCRS
      • hardship withdrawal
      • after-tax
    • 3 replies
    • 1.6k views
    • 
    • ESOP Guy
    • November 4, 2015

13. Plan Issues Loan to Participant Who Terminated Employment

    By rocknrolls2, October 29, 2015
    • 2 replies
    • 971 views
    • 
    • QDROphile
    • October 29, 2015

14. Plan Fails to Implement Suspension Following Hardship Withdrawal

    By rocknrolls2, October 29, 2015
    • 0 replies
    • 1.2k views
    • 
    • rocknrolls2
    • October 29, 2015

15. Returning deferrals--how to calc earnings?

    By BG5150, October 21, 2015
    • 4 replies
    • 1.3k views
    • 
    • BG5150
    • October 28, 2015

16. Prohibited transactions - excise tax Form 5330

    By taxllm, October 26, 2015
    • 0 replies
    • 1.3k views
    • 
    • taxllm
    • October 26, 2015

17. Missed Deferral Opportunity and 402g limit and General Testing

    By DLMRetire, October 23, 2015
    • 0 replies
    • 1.2k views
    • 
    • DLMRetire
    • October 23, 2015

18. VCP fee paid from plan assets

    By JJRetirement, October 22, 2015   

    • Exclusive benefit rule
    • 2 replies
    • 2.8k views
    • 
    • JJRetirement
    • October 22, 2015

19. New small S.H. 401(k) effective date 6/1/15, no deferrals until too late?

    By Lori H, October 21, 2015
    • 5 replies
    • 1k views
    • 
    • Lori H
    • October 22, 2015

20. 401k overpayment to employee that left

    By polomaan, October 7, 2015
    • 3 replies
    • 4.9k views
    • 
    • ESOP Guy
    • October 7, 2015

21. Employer Matching Contribution Exceeded Plan Terms

    By waid10, October 6, 2015
    • 4 replies
    • 1.1k views
    • 
    • hr for me
    • October 7, 2015

22. Loan exceeds the 50,000 Limit Lookback Rule

    By cpc0506, August 18, 2015
    • 3 replies
    • 1.5k views
    • 
    • ETA Consulting LLC
    • September 24, 2015

23. Discretionary match options

    By Molly the cat, September 17, 2015
    • 0 replies
    • 933 views
    • 
    • Molly the cat
    • September 17, 2015

24. Timing of contributions--what if late?

    By BG5150, September 15, 2015
    • 3 replies
    • 1.2k views
    • 
    • QDROphile
    • September 15, 2015

25. Determination of HCE vs. NHCE Category

    By 401 Chaos, September 11, 2015
    • 4 replies
    • 1.8k views
    • 
    • Tom Poje
    • September 14, 2015

26. Over-contribution of Match--correction

    By BG5150, September 9, 2015
    • 6 replies
    • 2k views
    • 
    • QDROphile
    • September 10, 2015

27. Late Deposit Question

    By Archimage, August 31, 2015
    • 5 replies
    • 1.8k views
    • 
    • MoJo
    • September 3, 2015

28. ACP Correction after termination

    By jpdrews, September 1, 2015
    • 0 replies
    • 1.3k views
    • 
    • jpdrews
    • September 1, 2015

29. Term. participants not given the opportunity to elect benefit payment. SCP?

    By kwalified, August 26, 2015
    • 5 replies
    • 1.2k views
    • 
    • kwalified
    • August 27, 2015

30. Loan default and new loan

    By cpc0506, August 18, 2015
    • 5 replies
    • 1.7k views
    • 
    • BG5150
    • August 18, 2015

31. 5330 for excess contributions

    By AKconsult, August 18, 2015
    • 1 reply
    • 1.1k views
    • 
    • Lou S.
    • August 18, 2015

32. Roth deferrals made but not permitted in plan

    By Trekker, August 18, 2015
    • 4 replies
    • 1.6k views
    • 
    • jpod
    • August 18, 2015

33. Terminating problem 401(k) plan and starting a new 401(k)

    By Trekker, August 18, 2015
    • 4 replies
    • 1.5k views
    • 
    • Trekker
    • August 18, 2015

34. VCP Fee: Failure to Distribute RMD for 9 years

    By MarZDoates, August 14, 2015
    • 2 replies
    • 1.3k views
    • 
    • Peter Gulia
    • August 17, 2015

35. Loan Failure VCP and Schedule 5

    By Briandfox, August 12, 2015
    • 0 replies
    • 1.3k views
    • 
    • Briandfox
    • August 12, 2015

36. Effective Date of Rev. Procedure 2015-28

    By Floridaattorney, August 6, 2015
    • 1 reply
    • 1.4k views
    • 
    • Mike Preston
    • August 10, 2015

37. Look back period for determining disqualified person?

    By AmyR, September 17, 2013   

    • disqualified person
    • 9 replies
    • 3.8k views
    • 
    • jpod
    • August 7, 2015

38. Non-cash bonus not included in Comp for Salary Deferral

    By beartd, July 30, 2015
    • 0 replies
    • 1k views
    • 
    • beartd
    • July 30, 2015

39. Minimal benefits in 403(b)

    By Belgarath, July 23, 2015
    • 2 replies
    • 987 views
    • 
    • Belgarath
    • July 23, 2015

40. One-to-One QNEC allocated "to the account balances" of NHCEs

    By John Feldt ERPA CPC QPA, July 20, 2015   

    • to the account balance
    • one-to-one
    • (and 1 more)

      Tagged with:

      • to the account balance
      • one-to-one
      • no balance
    • 3 replies
    • 1.7k views
    • 
    • ETA Consulting LLC
    • July 21, 2015

41. Under Examination for VCP Eligibility?

    By shERPA, June 30, 2015   

    • Sole Prop 1040 being audited
    • 6 replies
    • 3.1k views
    • 
    • Briandfox
    • July 17, 2015

42. VCP For Loan Failure - New Fee Rate

    By austin3515, July 7, 2015
    • 2 replies
    • 1.5k views
    • 
    • Belgarath
    • July 7, 2015

43. process distributions during VCP?

    By mariemonroe, June 30, 2015
    • 3 replies
    • 1.4k views
    • 
    • MoJo
    • July 1, 2015

44. non amender question

    By Scuba 401, June 24, 2015
    • 7 replies
    • 1.7k views
    • 
    • Scuba 401
    • June 30, 2015

45. distributions made in error

    By DMcGovern, September 15, 2014
    • 4 replies
    • 3.9k views
    • 
    • 401 Chaos
    • June 26, 2015

46. 11g Corrective Amendment and Eligibility

    By Dougsbpc, June 24, 2015
    • 0 replies
    • 1.7k views
    • 
    • Dougsbpc
    • June 24, 2015

47. Prospect with a massive coverage failure

    By John Feldt ERPA CPC QPA, June 22, 2015   

    • coverage
    • 410(b)
    • (and 3 more)

      Tagged with:

      • coverage
      • 410(b)
      • aggregation
      • safe harbor
      • non-safe harbor
    • 8 replies
    • 2.4k views
    • 
    • Flyboyjohn
    • June 22, 2015

48. Basic Plan Document

    By nancy, June 17, 2015
    • 5 replies
    • 1.5k views
    • 
    • nancy
    • June 18, 2015

49. Amending Eligibility Retroactively in 0% MPP

    By PensionPro, June 17, 2015
    • 1 reply
    • 887 views
    • 
    • Doghouse
    • June 17, 2015

50. No interest participant loans - PT?

    By SavingsRUS, June 17, 2015
    • 0 replies
    • 849 views
    • 
    • SavingsRUS
    • June 17, 2015