Correction of Plan Defects

1,782 topics in this forum

1. vcp non amender

   By k man, April 4, 2013
   • 2 replies
   • 1.4k views
   • 
   • Kevin C
   • April 9, 2013

2. Improper In-service Distribution

   By Spencer, March 26, 2013
   • 4 replies
   • 2.3k views
   • 
   • KateSmithPA
   • April 1, 2013

3. Does IRS Letter to Sponsor on 5500 Disqualify Sponsor from DFVC?

   By rocknrolls2, March 24, 2013
   • 4 replies
   • 1.3k views
   • 
   • 12AX7
   • March 25, 2013

4. excess allocation

   By bevfair, February 12, 2013
   • 6 replies
   • 3.1k views
   • 
   • Guest
   • March 14, 2013

5. Timing of Expansion of Scope of Audit

   By IRA, March 12, 2013
   • 3 replies
   • 1.1k views
   • 
   • John Feldt ERPA CPC QPA
   • March 13, 2013

6. Money Purchase Plan Certificate of Deposit in a Taxable account?

   By caryn22359, February 13, 2013
   • 6 replies
   • 1.4k views
   • 
   • IRA
   • March 12, 2013

7. 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

8. SIMPLE-IRA Ineligible Employer

   By Doghouse, February 27, 2013   

   • VCP/EPCRS correction
   • 2 replies
   • 1.4k views
   • 
   • Doghouse
   • February 28, 2013

9. Multiple plans, same failure- can we submit on a single vcp application?

   By britoski, February 14, 2013
   • 1 reply
   • 1.1k views
   • 
   • PensionPro
   • February 14, 2013

10. After-tax money in plan that was not permitted.

    By Santo Gold, February 1, 2013
    • 6 replies
    • 1.2k views
    • 
    • david rigby
    • February 5, 2013

11. Document Drafting Error Enhanced Safe Harbor Match

    By Susan S., January 24, 2013
    • 5 replies
    • 1.5k views
    • 
    • MWeddell
    • January 28, 2013

12. Retroactive Amendment of 403(b) Plan to Correct Operational Failure

    By J. Bringhurst, January 28, 2013
    • 0 replies
    • 3.4k views
    • 
    • J. Bringhurst
    • January 28, 2013

13. late deposit due to changing vendors

    By 30Rock, January 25, 2013
    • 1 reply
    • 1.1k views
    • 
    • ETA Consulting LLC
    • January 25, 2013

14. Participant refuses to take prohibited assets out of his account

    By Trekker, January 24, 2013
    • 13 replies
    • 1.5k views
    • 
    • Kevin C
    • January 25, 2013

15. Failure to Adopt 403(b) Plan Document

    By Randy Watson, January 10, 2013
    • 1 reply
    • 1.2k views
    • 
    • Kevin C
    • January 10, 2013

16. Plan Sponsor Withdrew all assets

    By Dougsbpc, December 20, 2012
    • 8 replies
    • 1.5k views
    • 
    • Bird
    • December 27, 2012

17. EPCRS requirements

    By Cynchbeast, December 10, 2012
    • 1 reply
    • 948 views
    • 
    • Lou S.
    • December 26, 2012

18. Plan Document adoption

    By cdavis25, December 19, 2012
    • 0 replies
    • 865 views
    • 
    • cdavis25
    • December 19, 2012

19. Plan sponsor left PT employees off census request...

    By kwalified, December 18, 2012
    • 2 replies
    • 868 views
    • 
    • kwalified
    • December 18, 2012

20. Adoption agreement states a PS is a "Government Entity" when it is actually 501(c)3

    By Lori H, December 18, 2012
    • 0 replies
    • 770 views
    • 
    • Lori H
    • December 18, 2012

21. Correcting Single Missed Payroll Deferral

    By 401 Chaos, December 3, 2012
    • 1 reply
    • 1.9k views
    • 
    • ETA Consulting LLC
    • December 3, 2012

22. First Clearing, LLC PSP Protoype Document

    By chris, November 26, 2012
    • 0 replies
    • 955 views
    • 
    • chris
    • November 26, 2012

23. Correcting Plan Covering Puerto Rico Employees Without Dual Qualification

    By 401 Chaos, November 15, 2012
    • 0 replies
    • 922 views
    • 
    • 401 Chaos
    • November 15, 2012

24. One-participant plan started in 1980, no updates, no 5500s

    By katieinny, November 13, 2012
    • 5 replies
    • 1.2k views
    • 
    • K2retire
    • November 14, 2012

25. Missed Restatement Cycle Deadline

    By waid10, November 13, 2012
    • 0 replies
    • 951 views
    • 
    • waid10
    • November 13, 2012

26. Small Overpayments and EPCRS

    By AJ North, October 24, 2012
    • 2 replies
    • 1.8k views
    • 
    • AJ North
    • October 25, 2012

27. vcp late filer Individually designed plan

    By Scuba 401, October 21, 2012
    • 0 replies
    • 849 views
    • 
    • Scuba 401
    • October 21, 2012

28. VCP for Both Plans, or just Payor Plan?

    By Oh so SIMPLE, October 17, 2012
    • 1 reply
    • 992 views
    • 
    • Kevin C
    • October 18, 2012

29. Adventures in 403(b) Plan Compliance

    By EPCRSGuru, October 12, 2012
    • 1 reply
    • 974 views
    • 
    • Guest
    • October 17, 2012

30. VFCP Lost Earnings on Delinquent Contributions

    By holdco, October 11, 2012
    • 0 replies
    • 2.2k views
    • 
    • holdco
    • October 11, 2012

31. Non-Amender

    By Randy Watson, September 25, 2012
    • 11 replies
    • 2k views
    • 
    • J. Bringhurst
    • October 11, 2012

32. De minimus on corrective contribution?

    By BG5150, December 3, 2008
    • 13 replies
    • 14.1k views
    • 
    • ERISAatty
    • October 3, 2012

33. EGTRRA restatement

    By K2retire, September 26, 2012
    • 1 reply
    • 1.2k views
    • 
    • Kevin C
    • September 28, 2012

34. Why correct an insignificant violation?

    By JRN, September 27, 2012
    • 5 replies
    • 1.7k views
    • 
    • Bill Presson
    • September 27, 2012

35. Property outside the U.S. is in a PS plan

    By katieinny, September 25, 2012
    • 0 replies
    • 710 views
    • 
    • katieinny
    • September 25, 2012

36. EBSA letter re late deposits

    By gregburst, September 21, 2012
    • 2 replies
    • 1.4k views
    • 
    • John Feldt ERPA CPC QPA
    • September 21, 2012

37. VFCP in excise tax

    By R. Butler, September 18, 2012
    • 1 reply
    • 1.5k views
    • 
    • Belgarath
    • September 18, 2012

38. Transferred Assets Rule Under EPCRS

    By J. Bringhurst, August 28, 2012
    • 1 reply
    • 1.6k views
    • 
    • J. Bringhurst
    • September 17, 2012

39. Overpayment by Multiemployer Plan

    By Miner88, September 12, 2012
    • 0 replies
    • 907 views
    • 
    • Miner88
    • September 12, 2012

40. Deferrals allowed on ineligible compensation

    By Belgarath, September 11, 2012
    • 2 replies
    • 1.8k views
    • 
    • Belgarath
    • September 11, 2012

41. Plan Document Non Amender

    By HarleyBabe, September 6, 2012
    • 9 replies
    • 3.2k views
    • 
    • Belgarath
    • September 6, 2012

42. lost earnings on late LOAN deposits

    By Earl, May 16, 2012
    • 6 replies
    • 3.4k views
    • 
    • J. Bringhurst
    • August 29, 2012

43. 403(b) Missed Deferral

    By Randy Watson, August 9, 2012
    • 0 replies
    • 1.3k views
    • 
    • Randy Watson
    • August 9, 2012

44. Good faith interpretation, but IRS disagrees

    By Fielding Mellish, August 1, 2012
    • 2 replies
    • 1.1k views
    • 
    • Fielding Mellish
    • August 1, 2012

45. Over contributed

    By Randy Watson, July 31, 2012
    • 1 reply
    • 893 views
    • 
    • ETA Consulting LLC
    • July 31, 2012

46. correcting a 410(b) coverage failure

    By Guest Elliot W, July 25, 2012
    • 2 replies
    • 3k views
    • 
    • Guest
    • July 26, 2012

47. Correction of formula for employer contributions where plan and actual practice differ

    By Guest ebguy, July 17, 2012
    • 1 reply
    • 980 views
    • 
    • ETA Consulting LLC
    • July 17, 2012

48. File VCP application before corrective contributions made?

    By waid10, July 16, 2012
    • 1 reply
    • 1.5k views
    • 
    • John Feldt ERPA CPC QPA
    • July 16, 2012

49. Correcting Excess Amount/Allocation

    By MarZDoates, June 25, 2012
    • 4 replies
    • 2.6k views
    • 
    • ESOP Guy
    • July 9, 2012

50. Lost Earnings

    By Guest shm3803, July 6, 2012
    • 1 reply
    • 1.1k views
    • 
    • ETA Consulting LLC
    • July 6, 2012