Correction of Plan Defects

1,789 topics in this forum

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

   By katieinny, May 24, 2013
   • 8 replies
   • 2.5k views
   • 
   • Bird
   • May 31, 2013

2. Small Benefits, De Minimis Exception

   By Guest BWORC, May 23, 2013   

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

3. Failure to Withhold Mandatory Contributions

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

4. EPCRS Correction

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

5. Missed deferral (but not really)

   By MoShawn, April 12, 2013
   • 13 replies
   • 2.8k views
   • 
   • Belgarath
   • April 18, 2013

6. EACA error - participant thought she opted out

   By Guest persie, April 15, 2013
   • 2 replies
   • 1.5k views
   • 
   • Guest
   • April 15, 2013

7. DOL Audit, Form 5330 filing, now EPCRS?

   By Gudgergirl, April 10, 2013
   • 0 replies
   • 1.7k views
   • 
   • Gudgergirl
   • April 10, 2013

8. vcp non amender

   By k man, April 4, 2013
   • 2 replies
   • 1.5k views
   • 
   • Kevin C
   • April 9, 2013

9. Improper In-service Distribution

   By Spencer, March 26, 2013
   • 4 replies
   • 2.4k views
   • 
   • KateSmithPA
   • April 1, 2013

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

    By rocknrolls2, March 24, 2013
    • 4 replies
    • 1.4k views
    • 
    • 12AX7
    • March 25, 2013

11. excess allocation

    By bevfair, February 12, 2013
    • 6 replies
    • 3.2k views
    • 
    • Guest
    • March 14, 2013

12. 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

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

    By caryn22359, February 13, 2013
    • 6 replies
    • 1.5k views
    • 
    • IRA
    • March 12, 2013

14. 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

15. SIMPLE-IRA Ineligible Employer

    By Doghouse, February 27, 2013   

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

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

    By britoski, February 14, 2013
    • 1 reply
    • 1.2k views
    • 
    • PensionPro
    • February 14, 2013

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

    By Santo Gold, February 1, 2013
    • 6 replies
    • 1.3k views
    • 
    • david rigby
    • February 5, 2013

18. Document Drafting Error Enhanced Safe Harbor Match

    By Susan S., January 24, 2013
    • 5 replies
    • 1.6k views
    • 
    • MWeddell
    • January 28, 2013

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

    By J. Bringhurst, January 28, 2013
    • 0 replies
    • 3.5k views
    • 
    • J. Bringhurst
    • January 28, 2013

20. late deposit due to changing vendors

    By 30Rock, January 25, 2013
    • 1 reply
    • 1.2k views
    • 
    • ETA Consulting LLC
    • January 25, 2013

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

    By Trekker, January 24, 2013
    • 13 replies
    • 1.6k views
    • 
    • Kevin C
    • January 25, 2013

22. Failure to Adopt 403(b) Plan Document

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

23. Plan Sponsor Withdrew all assets

    By Dougsbpc, December 20, 2012
    • 8 replies
    • 1.6k views
    • 
    • Bird
    • December 27, 2012

24. EPCRS requirements

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

25. Plan Document adoption

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

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

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

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

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

28. Correcting Single Missed Payroll Deferral

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

29. First Clearing, LLC PSP Protoype Document

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

30. Correcting Plan Covering Puerto Rico Employees Without Dual Qualification

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

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

    By katieinny, November 13, 2012
    • 5 replies
    • 1.3k views
    • 
    • K2retire
    • November 14, 2012

32. Missed Restatement Cycle Deadline

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

33. Small Overpayments and EPCRS

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

34. vcp late filer Individually designed plan

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

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

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

36. Adventures in 403(b) Plan Compliance

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

37. VFCP Lost Earnings on Delinquent Contributions

    By holdco, October 11, 2012
    • 0 replies
    • 2.3k views
    • 
    • holdco
    • October 11, 2012

38. Non-Amender

    By Randy Watson, September 25, 2012
    • 11 replies
    • 2.1k views
    • 
    • J. Bringhurst
    • October 11, 2012

39. De minimus on corrective contribution?

    By BG5150, December 3, 2008
    • 13 replies
    • 14.3k views
    • 
    • ERISAatty
    • October 3, 2012

40. EGTRRA restatement

    By K2retire, September 26, 2012
    • 1 reply
    • 1.3k views
    • 
    • Kevin C
    • September 28, 2012

41. Why correct an insignificant violation?

    By JRN, September 27, 2012
    • 5 replies
    • 1.8k views
    • 
    • Bill Presson
    • September 27, 2012

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

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

43. EBSA letter re late deposits

    By gregburst, September 21, 2012
    • 2 replies
    • 1.5k views
    • 
    • John Feldt ERPA CPC QPA
    • September 21, 2012

44. VFCP in excise tax

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

45. Transferred Assets Rule Under EPCRS

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

46. Overpayment by Multiemployer Plan

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

47. Deferrals allowed on ineligible compensation

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

48. Plan Document Non Amender

    By HarleyBabe, September 6, 2012
    • 9 replies
    • 3.4k views
    • 
    • Belgarath
    • September 6, 2012

49. lost earnings on late LOAN deposits

    By Earl, May 16, 2012
    • 6 replies
    • 3.5k views
    • 
    • J. Bringhurst
    • August 29, 2012

50. 403(b) Missed Deferral

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