Correction of Plan Defects

1,793 topics in this forum

1. Oops! Escrow account is in the name of the plan!

   By Dennis Povloski, January 23, 2012
   • 1 reply
   • 1.1k views
   • 
   • Bird
   • January 24, 2012

2. 401(k) Plan that Never Permitted Deferrals

   By Guest Corrections Questions, January 19, 2012
   • 6 replies
   • 1.7k views
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   • Guest
   • January 20, 2012

3. VCP Fees

   By luissaha, January 10, 2012
   • 2 replies
   • 2k views
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   • luissaha
   • January 16, 2012

4. Earnings Calculation

   By Guest GreenERISA, January 6, 2012
   • 3 replies
   • 1.8k views
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   • Tom Poje
   • January 11, 2012

5. Late Deposit of Deferrals - VFCP

   By Nassau, January 10, 2012
   • 1 reply
   • 1.3k views
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   • Jim Chad
   • January 10, 2012

6. Late Deposit of Deferrals - (VFCP)

   By Nassau, January 10, 2012
   • 1 reply
   • 1.1k views
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   • K2retire
   • January 10, 2012

7. Audit CAP and VFCP re: defaulted loans

   By TPSreports, December 27, 2011
   • 1 reply
   • 1.5k views
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   • ETA Consulting LLC
   • December 28, 2011

8. Yet Another Rookie Question

   By Guest GreenERISA, December 27, 2011
   • 2 replies
   • 1.1k views
   • 
   • Guest
   • December 28, 2011

9. Rookie Question

   By Guest GreenERISA, December 23, 2011
   • 3 replies
   • 1k views
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   • Guest
   • December 27, 2011

10. Do Not-For Profits file Form 5330 for late MPP contrib

    By Guest jc1457, December 12, 2011
    • 4 replies
    • 2.3k views
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    • Guest
    • December 14, 2011

11. prohibited transaction: in-service w/d

    By doombuggy, December 6, 2011
    • 3 replies
    • 1.2k views
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    • Lou S.
    • December 8, 2011

12. Calculation of missed earnings - money purchase plan

    By Guest jc1457, December 6, 2011
    • 2 replies
    • 1.6k views
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    • Guest
    • December 6, 2011

13. VCP filing - keogh plan didn't follow any of the rules

    By kmciver, November 22, 2011
    • 5 replies
    • 2.3k views
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    • jpod
    • November 22, 2011

14. lost earnings calculation on late deposits

    By Guest MHopkins, November 15, 2011
    • 6 replies
    • 4.9k views
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    • ETA Consulting LLC
    • November 15, 2011

15. IRS Challenge of Self-Correction

    By Guest gaham, November 11, 2011
    • 3 replies
    • 1.6k views
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    • Kevin C
    • November 11, 2011

16. Deposit Timing of Prevailing Wage Contributions

    By Guest dossrocks, November 9, 2011
    • 0 replies
    • 2.3k views
    • 
    • Guest
    • November 9, 2011

17. missed participants

    By Guest jc1457, October 17, 2011
    • 1 reply
    • 1.1k views
    • 
    • Kevin C
    • October 19, 2011

18. FORM 5330 - LATE DEFERRALS

    By ERISA13, July 20, 2010
    • 4 replies
    • 3.5k views
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    • rcline46
    • October 18, 2011

19. Unsigned (DB) Plan document

    By Guest JMH1962, October 12, 2011
    • 4 replies
    • 1.9k views
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    • GMK
    • October 17, 2011

20. late 5330 - de minimis - best way to correct

    By TPApril, October 14, 2011
    • 0 replies
    • 1.6k views
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    • TPApril
    • October 14, 2011

21. deferrals and loan payments remitted late

    By M Norton, October 11, 2011
    • 2 replies
    • 1.7k views
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    • JanetM
    • October 12, 2011

22. Loan defaulted in 2008; termination later in 2008

    By Mr401k, October 7, 2011
    • 2 replies
    • 1k views
    • 
    • Tom Poje
    • October 12, 2011

23. Deferral not taken out of pay for 2010

    By Guest sugar daddy, September 28, 2011
    • 4 replies
    • 1.4k views
    • 
    • Guest
    • October 10, 2011

24. Use of Forfeitures

    By Randy Watson, October 6, 2011
    • 1 reply
    • 1.7k views
    • 
    • John Feldt ERPA CPC QPA
    • October 6, 2011

25. Missed enrollment by a quarter in error

    By CLE401kGuy, October 4, 2011
    • 1 reply
    • 1.1k views
    • 
    • ETA Consulting LLC
    • October 4, 2011

26. Plan allows an HCE to defer but he is in excluded class

    By jkharvey, September 27, 2011
    • 1 reply
    • 1.1k views
    • 
    • PensionPro
    • September 27, 2011

27. Wrong Document. For Years

    By ERISAatty, September 23, 2011
    • 2 replies
    • 1.2k views
    • 
    • ERISAatty
    • September 26, 2011

28. HR failed to start deferrals but participant is not newly eligible

    By Guest Jennyb473, September 23, 2011
    • 2 replies
    • 1.8k views
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    • QDROphile
    • September 23, 2011

29. Incorrect Plan Document used

    By rcline46, September 22, 2011
    • 0 replies
    • 990 views
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    • rcline46
    • September 22, 2011

30. Non Amender VCP Submission

    By PensionPro, August 29, 2011
    • 5 replies
    • 1.7k views
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    • PensionPro
    • September 21, 2011

31. Plan A's expenses paid with Plan B's assets

    By Guest BenefitsGal5, October 31, 2010
    • 1 reply
    • 1.3k views
    • 
    • Guest
    • September 20, 2011

32. Late ER Deposit - not worried about Deductibilitly

    By KateSmithPA, September 16, 2011
    • 2 replies
    • 1.1k views
    • 
    • KateSmithPA
    • September 16, 2011

33. Audit Cap Question

    By Dougsbpc, September 16, 2011
    • 0 replies
    • 1.2k views
    • 
    • Dougsbpc
    • September 16, 2011

34. Improper Inclusion of HCE in Safe Harbor Nonelective Contribution

    By Guest Ignatius J. Reilly, September 14, 2011
    • 4 replies
    • 1.8k views
    • 
    • Guest
    • September 15, 2011

35. Closing Agreement percentage

    By Anonymoose, September 13, 2011
    • 2 replies
    • 1.5k views
    • 
    • John Feldt ERPA CPC QPA
    • September 13, 2011

36. Employee contributions made to wrong Plan

    By MARYMM, September 9, 2011
    • 1 reply
    • 1.8k views
    • 
    • MARYMM
    • September 13, 2011

37. Highest Performing Fund

    By Guest rush2112, September 12, 2011
    • 1 reply
    • 1.2k views
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    • rcline46
    • September 12, 2011

38. Include failure to file 1099R in VCP application

    By jkharvey, September 8, 2011
    • 1 reply
    • 1.1k views
    • 
    • QDROphile
    • September 8, 2011

39. Deferral Changes

    By Guest johnpetrancosta, August 22, 2011
    • 2 replies
    • 1.6k views
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    • 12AX7
    • September 3, 2011

40. profit sharing contribution didn't follow document terms

    By K2retire, August 30, 2011
    • 5 replies
    • 1.6k views
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    • ESOP Guy
    • August 31, 2011

41. Overpayment on Distribution...

    By Guest algeis, August 31, 2011
    • 0 replies
    • 1.2k views
    • 
    • Guest
    • August 31, 2011

42. Missed eligible participant

    By Guest jc1457, August 30, 2011
    • 4 replies
    • 1.4k views
    • 
    • Guest
    • August 31, 2011

43. Pay Period Match vs Annual Match

    By Guest Iwonder, March 4, 2011
    • 8 replies
    • 4.2k views
    • 
    • Guest
    • August 26, 2011

44. "Missed deferral opportunity" - plan allows for correction of ADP by returning the excess

    By taxllm, August 26, 2011
    • 6 replies
    • 3.9k views
    • 
    • taxllm
    • August 26, 2011

45. Manner of distribution to correct previous excess distributions

    By holdco, August 25, 2011
    • 0 replies
    • 1.1k views
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    • holdco
    • August 25, 2011

46. Inclusion of Ineligible Employees - SCP by Amendment

    By Guest Dressageho, April 9, 2011
    • 9 replies
    • 6.5k views
    • 
    • Guest
    • August 23, 2011

47. Late payment from plan

    By Guest JM123, August 17, 2011
    • 2 replies
    • 1.5k views
    • 
    • Guest
    • August 17, 2011

48. Missed Deferral When Employee Had Knowledge

    By ERISA-Bubs, August 10, 2011
    • 8 replies
    • 4k views
    • 
    • Guest
    • August 15, 2011

49. In-Service Distribution Prior to Age 59-1/2

    By TPA Bob, August 10, 2011
    • 2 replies
    • 2.3k views
    • 
    • TPA Bob
    • August 11, 2011

50. Deferral Election Missed

    By Dazednconfused, August 9, 2011
    • 0 replies
    • 1.2k views
    • 
    • Dazednconfused
    • August 9, 2011