Correction of Plan Defects

1,797 topics in this forum

1. 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
   • 1.5k views
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   • Guest
   • August 17, 2005

2. VCP turnaround time

   By Sully, August 17, 2005
   • 2 replies
   • 2.1k views
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   • 401 Chaos
   • August 17, 2005

3. Improper Distribution

   By nancy, August 17, 2005
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   • 1.8k views
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   • nancy
   • August 17, 2005

4. Using Plan Assets to pay Fees

   By KateSmithPA, August 9, 2005
   • 3 replies
   • 3.6k views
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   • Kirk Maldonado
   • August 17, 2005

5. Overpayment - Multiemployer Plan

   By Guest curious jorge, August 10, 2005
   • 0 replies
   • 1.7k views
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   • Guest
   • August 10, 2005

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

   By Guest HelpMeHelpYou, August 4, 2005
   • 4 replies
   • 2k views
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   • Kirk Maldonado
   • August 8, 2005

7. Lost Documents

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

8. Excess Annual Additions

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

9. QSLOB "testing" frequency?

   By Guest beppie_stark, July 18, 2005
   • 12 replies
   • 5.5k views
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   • Guest
   • July 29, 2005

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

    By Guest Hanging In, July 28, 2005
    • 0 replies
    • 1.9k views
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    • Guest
    • July 28, 2005

11. 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
    • 2.6k views
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    • Guest
    • July 26, 2005

12. Assets in wrong type of account

    By jane123, July 21, 2005
    • 1 reply
    • 1.8k views
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    • mbozek
    • July 25, 2005

13. VFCP Class Exemption Notice

    By Guest lindamichals, July 21, 2005
    • 0 replies
    • 2.4k views
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    • Guest
    • July 21, 2005

14. Is VFCP the Way to Go Here?

    By Scott, July 8, 2005
    • 1 reply
    • 1.9k views
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    • Scott
    • July 21, 2005

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

    By smm, July 11, 2005
    • 1 reply
    • 1.7k views
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    • Guest
    • July 21, 2005

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

    By Guest cac1134, July 14, 2005
    • 4 replies
    • 2.1k views
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    • Guest
    • July 20, 2005

17. Upcoming EPCRS revisions -- will they apply to pre-existing violations?

    By jstorch, July 12, 2005
    • 0 replies
    • 1.8k views
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    • jstorch
    • July 12, 2005

18. top heavy - can it be self corrected?

    By k man, July 11, 2005
    • 1 reply
    • 1.7k views
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    • Bird
    • July 11, 2005

19. Failure to make distribution under 401(a)(9)

    By nancy, July 7, 2005
    • 1 reply
    • 1.8k views
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    • Tom Poje
    • July 8, 2005

20. Too Much Disc. Match

    By DTH, July 7, 2005
    • 0 replies
    • 1.5k views
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    • DTH
    • July 7, 2005

21. Mistake of contribution

    By FJR, June 30, 2005
    • 5 replies
    • 2.2k views
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    • Archimage
    • July 6, 2005

22. late filing of form 5330

    By Guest Jane Freeman, June 30, 2005
    • 5 replies
    • 3.6k views
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    • Archimage
    • July 1, 2005

23. Failure To Execute a Co-Sponsor Adoption Page

    By Guest gaham, June 30, 2005
    • 0 replies
    • 1.3k views
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    • Guest
    • June 30, 2005

24. 945 deposits not made

    By Guest mmc, June 8, 2005
    • 1 reply
    • 1.9k views
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    • WDIK
    • June 15, 2005

25. Late amender - Prototype document

    By J. Bringhurst, June 8, 2005
    • 1 reply
    • 1.9k views
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    • WDIK
    • June 13, 2005

26. bonuses excluded in applying deferral percentage

    By mariemonroe, June 7, 2005
    • 10 replies
    • 3.6k views
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    • Kirk Maldonado
    • June 10, 2005

27. Discretionary contribution made for an employee that never met the eligibility requirements.

    By Guest Moe Howard2, June 6, 2005
    • 8 replies
    • 2.3k views
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    • Guest
    • June 7, 2005

28. Deduction of Corrective Contribution

    By Guest mcw, June 1, 2005
    • 2 replies
    • 3.2k views
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    • Guest
    • June 1, 2005

29. Broker makes distribution w/o authorization...

    By chris, May 20, 2005
    • 1 reply
    • 1.7k views
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    • Guest
    • May 27, 2005

30. Missed a few years of MP funding - a "how-to" on the 5330 preparation?

    By AlbanyConsultant, May 20, 2005
    • 2 replies
    • 2.7k views
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    • SoCalActuary
    • May 26, 2005

31. Correction Method for processing distributions without spousal consent form

    By Guest chris4013, May 19, 2005
    • 4 replies
    • 1.8k views
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    • david rigby
    • May 20, 2005

32. Correction for excluded eligible employees in a safe harbor plan

    By JDuns, May 19, 2005
    • 0 replies
    • 1.8k views
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    • JDuns
    • May 19, 2005

33. VFC program

    By Guest babs51, May 13, 2005
    • 1 reply
    • 1.7k views
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    • SoCalActuary
    • May 16, 2005

34. use of forfeitures for self-correction program.

    By Guest jigpsu100, May 12, 2005
    • 2 replies
    • 1.9k views
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    • Guest
    • May 12, 2005

35. Mistake of Fact

    By Guest pjrieck, March 27, 2002
    • 15 replies
    • 11k views
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    • Appleby
    • May 10, 2005

36. Excess Annual Additions

    By Guest t936, May 9, 2005
    • 1 reply
    • 2.1k views
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    • WDIK
    • May 10, 2005

37. Rollover of top-heavy correction contributions

    By sloble@crowleyfleck.com, May 6, 2005
    • 4 replies
    • 2k views
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    • sloble@crowleyfleck.com
    • May 6, 2005

38. VCP Fees and Correction Options for EGTRRA Nonamenders

    By Guest jhinkle, April 22, 2005
    • 3 replies
    • 2.6k views
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    • Guest
    • April 27, 2005

39. Mandatory Contributions - 401(a)(17) Excess

    By wmyer, March 30, 2005
    • 4 replies
    • 2.6k views
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    • rcline46
    • April 27, 2005

40. How to correct a VCP nightmare

    By Guest Tax nerd, April 13, 2005
    • 1 reply
    • 1.9k views
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    • Guest
    • April 26, 2005

41. Exclusion of eligible employees in small employer plan

    By Guest rfemmons, February 28, 2005
    • 22 replies
    • 3.7k views
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    • jquazza
    • March 12, 2005

42. Correction and Deductions

    By Randy Watson, February 21, 2005
    • 3 replies
    • 2.1k views
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    • mbozek
    • February 22, 2005

43. Can Plan Correct Overallocation of Contributions to Participant's Account?

    By Guest rocnrols2, February 19, 2005
    • 3 replies
    • 2.2k views
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    • QDROphile
    • February 19, 2005

44. 401(a)(9) nonamender

    By RTK, December 9, 2004
    • 4 replies
    • 2.6k views
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    • Guest
    • February 7, 2005

45. Exclusion of eligible employees

    By Guest philc, February 3, 2005
    • 1 reply
    • 1.8k views
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    • actuarysmith
    • February 7, 2005

46. Loan in excess of maximum allowable amount

    By Guest MarkN, February 2, 2005
    • 1 reply
    • 1.4k views
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    • Guest
    • February 4, 2005

47. Wrong definition of compensation in GUST restatement

    By nancy, February 2, 2005
    • 3 replies
    • 1.9k views
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    • mbozek
    • February 3, 2005

48. Form 5330

    By wmyer, January 28, 2005
    • 1 reply
    • 1.6k views
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    • Guest
    • February 1, 2005

49. Loan Check Issued in Excess of Plan's Limit of Maximum Number of Loans Outstanding

    By Guest rocnrols2, January 31, 2005
    • 1 reply
    • 1.6k views
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    • QDROphile
    • January 31, 2005

50. VFCP

    By Guest lindamichals, January 25, 2005
    • 1 reply
    • 1.7k views
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    • jaemmons
    • January 25, 2005