Correction of Plan Defects

1,793 topics in this forum

1. Late deposit of deferrals - DOL Correction of earnings

   By Guest philc, June 22, 2005
   • 5 replies
   • 4.3k views
   • 
   • Guest
   • April 28, 2006

2. Late Deferrals and Match in Safe Harbor Plan

   By Guest DTromb, April 21, 2006
   • 5 replies
   • 3.5k views
   • 
   • Guest
   • April 24, 2006

3. 72(t) tax on returned excess deferrals?

   By Guest DIY, April 20, 2006
   • 2 replies
   • 1.6k views
   • 
   • AndrewZ
   • April 21, 2006

4. 1099-R for forfeiture of trustees' benefits to fund missing contributions?

   By AndrewZ, April 19, 2006
   • 4 replies
   • 2.1k views
   • 
   • AndrewZ
   • April 20, 2006

5. RMD's not made and plan is now being audited

   By Sully, April 17, 2006
   • 3 replies
   • 1.9k views
   • 
   • AndrewZ
   • April 19, 2006

6. Disqualification for "late" contribution?

   By AndrewZ, April 19, 2006
   • 0 replies
   • 1.5k views
   • 
   • AndrewZ
   • April 19, 2006

7. Failure to Include Participant

   By Randy Watson, April 7, 2006
   • 6 replies
   • 2k views
   • 
   • Kirk Maldonado
   • April 11, 2006

8. contribution made in error

   By k man, April 5, 2006
   • 0 replies
   • 1.5k views
   • 
   • k man
   • April 5, 2006

9. Plan has problems and accountant refuses to cooperate

   By Santo Gold, April 3, 2006
   • 10 replies
   • 2.5k views
   • 
   • Guest
   • April 5, 2006

10. Employer Gone Bad

    By Dougsbpc, March 20, 2006
    • 3 replies
    • 2.1k views
    • 
    • Jim Norman
    • March 21, 2006

11. never filed 5500s....or did anything right

    By Santo Gold, March 13, 2006
    • 7 replies
    • 2.8k views
    • 
    • Bird
    • March 20, 2006

12. Payroll Oops

    By Guest grazetti, March 16, 2006
    • 2 replies
    • 1.9k views
    • 
    • stephen
    • March 17, 2006

13. Correcting adp failures

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

14. Late MP and PSP contributions - operational failure?

    By Guest KoreAmBear, February 28, 2006
    • 5 replies
    • 3k views
    • 
    • Guest
    • March 1, 2006

15. Mis-Titled Self-Directed Brokerage Account

    By KateSmithPA, March 1, 2006
    • 2 replies
    • 2.2k views
    • 
    • namealreadyinuse
    • March 1, 2006

16. VCP and hardship violation

    By Guest jigpsu, February 13, 2006
    • 2 replies
    • 2.5k views
    • 
    • Kirk Maldonado
    • February 23, 2006

17. 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
    • 
    • Guest
    • February 2, 2006

18. Late Deposit of Deferrals

    By PMC, February 2, 2006
    • 2 replies
    • 2.1k views
    • 
    • Archimage
    • February 2, 2006

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

    By Guest critchfield, January 10, 2006
    • 4 replies
    • 4.3k views
    • 
    • Mike Preston
    • January 19, 2006

20. Failure to Correct an ADP Failure

    By Archimage, January 6, 2006
    • 2 replies
    • 2.5k views
    • 
    • Archimage
    • January 6, 2006

21. Operation Failure?

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

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

    By Richard Anderson, November 21, 2005
    • 2 replies
    • 2.5k views
    • 
    • E as in ERISA
    • December 19, 2005

23. ER didn't withhold enough

    By Guest moltengater, November 16, 2005
    • 6 replies
    • 3.5k views
    • 
    • Guest
    • December 7, 2005

24. Calculation of Lost Earnings

    By rcline46, November 11, 2005
    • 6 replies
    • 5.1k views
    • 
    • Guest
    • December 7, 2005

25. Bonus Exclusions - Conflicting Opinions on Corrections

    By Guest Chaffee, December 1, 2005
    • 1 reply
    • 2.1k views
    • 
    • Guest
    • December 3, 2005

26. SCP or VCP

    By Guest mparker2028, November 30, 2005
    • 2 replies
    • 2.6k views
    • 
    • Guest
    • December 1, 2005

27. late deferrals for key employees

    By Beemer, October 25, 2005
    • 5 replies
    • 2.5k views
    • 
    • Guest
    • November 18, 2005

28. Correcting ADP Test Failure

    By Archimage, November 18, 2005
    • 0 replies
    • 2.1k views
    • 
    • Archimage
    • November 18, 2005

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

    By Guest FCB, October 26, 2005
    • 5 replies
    • 2.6k views
    • 
    • Guest
    • November 11, 2005

30. Plan Amendment List?

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

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

    By Guest CMSP, October 11, 2005
    • 4 replies
    • 3k views
    • 
    • Guest
    • October 26, 2005

32. 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
    • 
    • Lori H
    • October 25, 2005

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

    By Guest B2Randolph, October 18, 2005
    • 1 reply
    • 1.8k views
    • 
    • WDIK
    • October 19, 2005

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

    By Guest lindamichals, October 18, 2005
    • 0 replies
    • 1.5k views
    • 
    • Guest
    • October 18, 2005

35. Expected release date for updated EPCRS?

    By JDuns, August 17, 2005
    • 4 replies
    • 2.8k views
    • 
    • MarZDoates
    • October 5, 2005

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

    By Guest HelpINeedSomeBody, October 4, 2005
    • 2 replies
    • 1.7k views
    • 
    • Guest
    • October 4, 2005

37. Inclusion of ineligible employee

    By nancy, May 21, 2004
    • 5 replies
    • 4.4k views
    • 
    • rcline46
    • October 4, 2005

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

    By Lori H, September 21, 2005
    • 1 reply
    • 1.8k views
    • 
    • Archimage
    • September 22, 2005

39. Multiple plans run by common interest

    By Guest mlmarvin, September 16, 2005
    • 11 replies
    • 2.5k views
    • 
    • Mike Preston
    • September 22, 2005

40. Overpayment of DB Benefit to Plan Sponsor Owner

    By Guest Chaffee, September 20, 2005
    • 8 replies
    • 3k views
    • 
    • Guest
    • September 21, 2005

41. Incorrect Vesting Applied

    By Guest lostinpensions, September 13, 2005
    • 0 replies
    • 1.8k views
    • 
    • Guest
    • September 13, 2005

42. Interest Accrual for Late Penalty Payment

    By Guest BravelyObey, September 8, 2005
    • 1 reply
    • 1.6k views
    • 
    • Archimage
    • September 8, 2005

43. Davis Bacon testing issues

    By Guest Stacy1002, September 7, 2005
    • 0 replies
    • 2k views
    • 
    • Guest
    • September 7, 2005

44. Wrong Interest Rate on Loan

    By Guest dbvail, August 26, 2005
    • 0 replies
    • 2k views
    • 
    • Guest
    • August 26, 2005

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

    By Guest ChopperPilot, August 23, 2005
    • 1 reply
    • 2.1k views
    • 
    • Leopurrd
    • August 24, 2005

46. 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
    • 1.9k views
    • 
    • Guest
    • August 17, 2005

47. 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
    • 1.3k views
    • 
    • Guest
    • August 17, 2005

48. VCP turnaround time

    By Sully, August 17, 2005
    • 2 replies
    • 1.9k views
    • 
    • 401 Chaos
    • August 17, 2005

49. Improper Distribution

    By nancy, August 17, 2005
    • 0 replies
    • 1.7k views
    • 
    • nancy
    • August 17, 2005

50. Using Plan Assets to pay Fees

    By KateSmithPA, August 9, 2005
    • 3 replies
    • 3.2k views
    • 
    • Kirk Maldonado
    • August 17, 2005