Correction of Plan Defects

1,784 topics in this forum

1. VCP Where No 403b Plan Document?

   By Flyboyjohn, December 11, 2013
   • 3 replies
   • 1.3k views
   • 
   • masteff
   • December 11, 2013

2. Rerunning prior testing under EPCRS?

   By Guest Daphne, December 5, 2013   

   • ADP/ACP
   • bonus
   • (and 1 more)

     Tagged with:

     • ADP/ACP
     • bonus
     • EPCRS
   • 0 replies
   • 2.1k views
   • 
   • Guest
   • December 5, 2013

3. Correcting 410(b) failure in controlled group

   By Floridaattorney, November 29, 2013
   • 2 replies
   • 4.9k views
   • 
   • Floridaattorney
   • December 2, 2013

4. Operational failure - incomplete wages calculation

   By t.haley, November 12, 2013
   • 2 replies
   • 1.8k views
   • 
   • t.haley
   • November 13, 2013

5. Impact of Anonymous VCP submission on NTIP requirements

   By Guest KennyH, November 6, 2013
   • 2 replies
   • 2k views
   • 
   • Everett Moreland
   • November 7, 2013

6. record keeper issue

   By K2retire, October 18, 2013
   • 12 replies
   • 2.6k views
   • 
   • Kevin C
   • November 6, 2013

7. Under Examination? Determination Letters

   By elmobob14, October 15, 2013
   • 3 replies
   • 1.1k views
   • 
   • Guest
   • November 6, 2013

8. Impermissible Distribution - Non-terminated participant / Brokerage Accts

   By CLE401kGuy, November 1, 2013
   • 3 replies
   • 3k views
   • 
   • KJohnson
   • November 1, 2013

9. Missed opportunity for elective deferrals...or not?

   By Bird, October 25, 2013
   • 6 replies
   • 2.7k views
   • 
   • Bird
   • October 25, 2013

10. EPCRS

    By Nassau, October 23, 2013   

    • Plan Document Failure
    • 2 replies
    • 1.4k views
    • 
    • BG5150
    • October 24, 2013

11. Employee Benefits Liability Policy - not cover correction cost?

    By traveler, October 8, 2013   

    • liability coverage
    • 0 replies
    • 1.2k views
    • 
    • traveler
    • October 8, 2013

12. Failure to Withhold on Bonus for 10 Years

    By khn, September 24, 2013
    • 4 replies
    • 1.3k views
    • 
    • khn
    • October 3, 2013

13. Impermissable Distribution in a Safe Harbor Plan

    By TPAVP, September 23, 2013
    • 5 replies
    • 1.6k views
    • 
    • Kevin C
    • September 26, 2013

14. How Far Back for a Nonamender Failure?

    By JRG, September 24, 2013
    • 0 replies
    • 1.2k views
    • 
    • JRG
    • September 24, 2013

15. H2B = Non-Resident Alien?

    By Flyboyjohn, September 19, 2013
    • 1 reply
    • 2.1k views
    • 
    • PensionPro
    • September 19, 2013

16. Employees not allowed to defer because of contract with employer

    By jkharvey, September 19, 2013   

    • would DOL and/or IRS accept?
    • 3 replies
    • 1.2k views
    • 
    • QDROphile
    • September 19, 2013

17. Do Earnings count against Section 415 Limits?

    By ERISA-Bubs, September 16, 2013
    • 6 replies
    • 3.4k views
    • 
    • PensionPro
    • September 16, 2013

18. HEART Act Amendment

    By Fielding Mellish, September 5, 2013
    • 5 replies
    • 3k views
    • 
    • Kevin C
    • September 13, 2013

19. Calculating lost earnings that involve Self Directed Accounts

    By TPAVP, September 12, 2013
    • 3 replies
    • 1.5k views
    • 
    • TPAVP
    • September 13, 2013

20. Correction of something other than a qualification issue

    By Carol V. Calhoun, September 11, 2013
    • 4 replies
    • 1.2k views
    • 
    • Carol V. Calhoun
    • September 12, 2013

21. VCP Submission - Proposed Correction Method

    By luissaha, September 10, 2013
    • 2 replies
    • 1.2k views
    • 
    • luissaha
    • September 10, 2013

22. Integration level

    By K2retire, September 10, 2013
    • 3 replies
    • 1.1k views
    • 
    • K2retire
    • September 10, 2013

23. "Under Examiniation" - Multiemployer Plan

    By luissaha, September 9, 2013
    • 2 replies
    • 1.2k views
    • 
    • PensionPro
    • September 9, 2013

24. Corrective Contributions

    By IRA, June 22, 2011
    • 5 replies
    • 2.6k views
    • 
    • Belgarath
    • September 5, 2013

25. Is this De Minimis or does it need to be corrected?

    By Guest RobBobBobby, May 31, 2013
    • 4 replies
    • 2.7k views
    • 
    • 401 Chaos
    • September 4, 2013

26. Forfeitures Used to Reduce Instead of Allocated With Contributions

    By chris, August 30, 2013
    • 10 replies
    • 2.2k views
    • 
    • ESOP Guy
    • August 30, 2013

27. Enforcement Activity for operational failure?

    By Guest JDD2013, August 29, 2013   

    • 40(k)
    • EPCRS
    • 2 replies
    • 1.6k views
    • 
    • BG5150
    • August 30, 2013

28. Hardship distribution of Safe harbor match

    By Lori H, August 22, 2013
    • 6 replies
    • 4k views
    • 
    • Lori H
    • August 27, 2013

29. Calculating earning for Missed Deferral Opp.

    By Rai401k, August 19, 2013
    • 2 replies
    • 1.8k views
    • 
    • Rai401k
    • August 20, 2013

30. Rollover into a plan that doesn't allow rollovers

    By katieinny, August 9, 2013   

    • Self correction not allowed?
    • 10 replies
    • 2.8k views
    • 
    • katieinny
    • August 20, 2013

31. Missed Deferral Opp in a Safe Harbor Plan & Timely Correction

    By Rai401k, August 14, 2013
    • 1 reply
    • 1.5k views
    • 
    • BG5150
    • August 14, 2013

32. Failure of Minimum Coverage Requirements

    By luissaha, August 8, 2013
    • 2 replies
    • 1.2k views
    • 
    • luissaha
    • August 8, 2013

33. Failure to withhold on bonus

    By R. Butler, August 2, 2013
    • 3 replies
    • 2.8k views
    • 
    • jpod
    • August 5, 2013

34. signed 401(k) doc but not implemented

    By justanotheradmin, July 22, 2013
    • 3 replies
    • 1.3k views
    • 
    • g bennycon
    • July 28, 2013

35. Mistake of Fact safe harbor match after one year

    By kwalified, July 24, 2013
    • 1 reply
    • 1.4k views
    • 
    • BG5150
    • July 24, 2013

36. Excess Deferral Distributed But None Was Due

    By ERISA1, July 22, 2013   

    • 401(k)
    • VCP
    • (and 1 more)

      Tagged with:

      • 401(k)
      • VCP
      • EPCRS
    • 6 replies
    • 1.7k views
    • 
    • BG5150
    • July 23, 2013

37. Can we use a VS document for an IDP late amender?

    By Flyboyjohn, July 17, 2013
    • 1 reply
    • 1.1k views
    • 
    • John Feldt ERPA CPC QPA
    • July 18, 2013

38. Plan Document Never Signed

    By Sully, July 15, 2013
    • 1 reply
    • 3.6k views
    • 
    • PensionPro
    • July 15, 2013

39. Leniency/Acceptance on partial corrections?

    By Young Curmudgeon, July 12, 2013
    • 3 replies
    • 1.4k views
    • 
    • BG5150
    • July 15, 2013

40. Is an FDL required if VCP correction done off-cycle

    By taxllm, April 16, 2013
    • 6 replies
    • 1.7k views
    • 
    • J. Bringhurst
    • July 12, 2013

41. How far back can the IRS go when requesting plan info from the ER?

    By katieinny, July 9, 2013   

    • Fraud is not a factor here.
    • 5 replies
    • 2.1k views
    • 
    • katieinny
    • July 10, 2013

42. Very Late Plan Deferral - What to do?

    By heygents, July 9, 2013   

    • Late Deferral
    • 2 replies
    • 1.1k views
    • 
    • 12AX7
    • July 10, 2013

43. Impermissable distribution

    By BG5150, July 8, 2013
    • 6 replies
    • 1.2k views
    • 
    • BG5150
    • July 9, 2013

44. 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
    • 12.4k views
    • 
    • ForksnKnives
    • June 27, 2013

45. Ineligible Employee Deferrals/Match to be corrected by Plan Amendment

    By Sully, June 12, 2013
    • 13 replies
    • 3.3k views
    • 
    • Sully
    • June 17, 2013

46. Is there a paper submission to DOL when using VFCP?

    By katieinny, May 24, 2013
    • 8 replies
    • 2.4k views
    • 
    • Bird
    • May 31, 2013

47. Small Benefits, De Minimis Exception

    By Guest BWORC, May 23, 2013   

    • EPCRS; VFCP
    • 0 replies
    • 1.6k views
    • 
    • Guest
    • May 23, 2013

48. Failure to Withhold Mandatory Contributions

    By BTG, May 10, 2013
    • 0 replies
    • 1.2k views
    • 
    • BTG
    • May 10, 2013

49. EPCRS Correction

    By Guest richard-k, April 23, 2013
    • 0 replies
    • 1.6k views
    • 
    • Guest
    • April 23, 2013

50. Missed deferral (but not really)

    By MoShawn, April 12, 2013
    • 13 replies
    • 2.7k views
    • 
    • Belgarath
    • April 18, 2013