Correction of Plan Defects

1,781 topics in this forum

1. Correcting adp failures

   By Guest jae3207, March 2, 2006
   • 0 replies
   • 2k views
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   • Guest
   • March 2, 2006

2. Late MP and PSP contributions - operational failure?

   By Guest KoreAmBear, February 28, 2006
   • 5 replies
   • 2.8k views
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   • Guest
   • March 1, 2006

3. Mis-Titled Self-Directed Brokerage Account

   By KateSmithPA, March 1, 2006
   • 2 replies
   • 2.1k views
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   • namealreadyinuse
   • March 1, 2006

4. VCP and hardship violation

   By Guest jigpsu, February 13, 2006
   • 2 replies
   • 2.4k views
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   • Kirk Maldonado
   • February 23, 2006

5. Question for those of you who have filed w/ IRS for SVP (TH Failure)

   By Guest esi-jht, February 2, 2006
   • 1 reply
   • 1.9k views
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   • Guest
   • February 2, 2006

6. Late Deposit of Deferrals

   By PMC, February 2, 2006
   • 2 replies
   • 2k views
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   • Archimage
   • February 2, 2006

7. Two 401(k) Plans - One Employer - Tested separately

   By Guest critchfield, January 10, 2006
   • 4 replies
   • 4.2k views
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   • Mike Preston
   • January 19, 2006

8. Failure to Correct an ADP Failure

   By Archimage, January 6, 2006
   • 2 replies
   • 2.4k views
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   • Archimage
   • January 6, 2006

9. Operation Failure?

   By Guest 401kadmin, December 8, 2005
   • 1 reply
   • 2.1k views
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   • Guest
   • December 23, 2005

10. Failure to make mandatory distribution by 12/31/2005

    By Richard Anderson, November 21, 2005
    • 2 replies
    • 2.4k views
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    • E as in ERISA
    • December 19, 2005

11. ER didn't withhold enough

    By Guest moltengater, November 16, 2005
    • 6 replies
    • 3.2k views
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    • Guest
    • December 7, 2005

12. Calculation of Lost Earnings

    By rcline46, November 11, 2005
    • 6 replies
    • 4.9k views
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    • Guest
    • December 7, 2005

13. Bonus Exclusions - Conflicting Opinions on Corrections

    By Guest Chaffee, December 1, 2005
    • 1 reply
    • 2k views
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    • Guest
    • December 3, 2005

14. SCP or VCP

    By Guest mparker2028, November 30, 2005
    • 2 replies
    • 2.5k views
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    • Guest
    • December 1, 2005

15. late deferrals for key employees

    By Beemer, October 25, 2005
    • 5 replies
    • 2.4k views
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    • Guest
    • November 18, 2005

16. Correcting ADP Test Failure

    By Archimage, November 18, 2005
    • 0 replies
    • 2k views
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    • Archimage
    • November 18, 2005

17. Plan did not allow part-timers to participate - new rulings?

    By Guest FCB, October 26, 2005
    • 5 replies
    • 2.5k views
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    • Guest
    • November 11, 2005

18. Plan Amendment List?

    By Leopurrd, October 31, 2005
    • 3 replies
    • 1.9k views
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    • Kirk Maldonado
    • November 2, 2005

19. Failure to Adopt Automatic Rollover Good Faith Amendment by Deadline

    By Guest CMSP, October 11, 2005
    • 4 replies
    • 2.8k views
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    • Guest
    • October 26, 2005

20. NON STANDARDIZED PROTOTYPE PSP did not amend for GUST/EGTRRA nor did it ever apply for determination

    By Lori H, October 24, 2005
    • 2 replies
    • 2.1k views
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    • Lori H
    • October 25, 2005

21. Coordination of 2 VCPs for plan document failure going at once

    By Guest B2Randolph, October 18, 2005
    • 1 reply
    • 1.7k views
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    • WDIK
    • October 19, 2005

22. Treatment of "lost opportunity costs" for late deposits

    By Guest lindamichals, October 18, 2005
    • 0 replies
    • 1.4k views
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    • Guest
    • October 18, 2005

23. Expected release date for updated EPCRS?

    By JDuns, August 17, 2005
    • 4 replies
    • 2.7k views
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    • MarZDoates
    • October 5, 2005

24. Proper correction for failure to offer all the forms of benefit at distribution

    By Guest HelpINeedSomeBody, October 4, 2005
    • 2 replies
    • 1.6k views
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    • Guest
    • October 4, 2005

25. Inclusion of ineligible employee

    By nancy, May 21, 2004
    • 5 replies
    • 4.1k views
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    • rcline46
    • October 4, 2005

26. VCP program. unenrolled agent/power of attorney?

    By Lori H, September 21, 2005
    • 1 reply
    • 1.7k views
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    • Archimage
    • September 22, 2005

27. Multiple plans run by common interest

    By Guest mlmarvin, September 16, 2005
    • 11 replies
    • 2.4k views
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    • Mike Preston
    • September 22, 2005

28. Overpayment of DB Benefit to Plan Sponsor Owner

    By Guest Chaffee, September 20, 2005
    • 8 replies
    • 2.9k views
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    • Guest
    • September 21, 2005

29. Incorrect Vesting Applied

    By Guest lostinpensions, September 13, 2005
    • 0 replies
    • 1.6k views
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    • Guest
    • September 13, 2005

30. Interest Accrual for Late Penalty Payment

    By Guest BravelyObey, September 8, 2005
    • 1 reply
    • 1.5k views
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    • Archimage
    • September 8, 2005

31. Davis Bacon testing issues

    By Guest Stacy1002, September 7, 2005
    • 0 replies
    • 1.9k views
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    • Guest
    • September 7, 2005

32. Wrong Interest Rate on Loan

    By Guest dbvail, August 26, 2005
    • 0 replies
    • 1.9k views
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    • Guest
    • August 26, 2005

33. Failed 2001 ADP and ACP tests - Which Voluntary Correction program?

    By Guest ChopperPilot, August 23, 2005
    • 1 reply
    • 2k views
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    • Leopurrd
    • August 24, 2005

34. Which method should be used to correct allocations based on inaccurate compensation in integrated profit sharing plan?

    By Guest lynnewakefield, August 17, 2005
    • 0 replies
    • 1.7k views
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    • Guest
    • August 17, 2005

35. Is an second election required for a follow-up payment that should have been part of the original distribution?

    By Guest Livia, August 17, 2005
    • 0 replies
    • 1.2k views
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    • Guest
    • August 17, 2005

36. VCP turnaround time

    By Sully, August 17, 2005
    • 2 replies
    • 1.8k views
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    • 401 Chaos
    • August 17, 2005

37. Improper Distribution

    By nancy, August 17, 2005
    • 0 replies
    • 1.6k views
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    • nancy
    • August 17, 2005

38. Using Plan Assets to pay Fees

    By KateSmithPA, August 9, 2005
    • 3 replies
    • 2.9k views
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    • Kirk Maldonado
    • August 17, 2005

39. Overpayment - Multiemployer Plan

    By Guest curious jorge, August 10, 2005
    • 0 replies
    • 1.5k views
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    • Guest
    • August 10, 2005

40. How would you correct a failure to offer an in-kind distribution of employer stock?

    By Guest HelpMeHelpYou, August 4, 2005
    • 4 replies
    • 1.7k views
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    • Kirk Maldonado
    • August 8, 2005

41. Lost Documents

    By Guest Thornton, July 29, 2005
    • 24 replies
    • 4.1k views
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    • mbozek
    • August 5, 2005

42. Excess Annual Additions

    By Guest curious jorge, August 2, 2005
    • 0 replies
    • 1.7k views
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    • Guest
    • August 2, 2005

43. QSLOB "testing" frequency?

    By Guest beppie_stark, July 18, 2005
    • 12 replies
    • 4.8k views
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    • Guest
    • July 29, 2005

44. Correction of failure to make nondeductible MPP contributions which are returnable under plan

    By Guest Hanging In, July 28, 2005
    • 0 replies
    • 1.6k views
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    • Guest
    • July 28, 2005

45. Today's Prize for Client Error: Paying participant distribution from corporate assets rather than plan assets

    By Guest Carolyn Barnard, July 21, 2005
    • 8 replies
    • 2.1k views
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    • Guest
    • July 26, 2005

46. Assets in wrong type of account

    By jane123, July 21, 2005
    • 1 reply
    • 1.5k views
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    • mbozek
    • July 25, 2005

47. VFCP Class Exemption Notice

    By Guest lindamichals, July 21, 2005
    • 0 replies
    • 2.2k views
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    • Guest
    • July 21, 2005

48. Is VFCP the Way to Go Here?

    By Scott, July 8, 2005
    • 1 reply
    • 1.6k views
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    • Scott
    • July 21, 2005

49. Failure of M/P Plan to adopt 401(a)(9) Amendment

    By smm, July 11, 2005
    • 1 reply
    • 1.5k views
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    • Guest
    • July 21, 2005

50. owner/ee db plan terminated but never distributed and never amended.

    By Guest cac1134, July 14, 2005
    • 4 replies
    • 1.8k views
    • 
    • Guest
    • July 20, 2005