Correction of Plan Defects

1,781 topics in this forum

1. Correction for distributions greater than Minimum Required Distributio

   By John A, December 27, 2000
   • 1 reply
   • 1.4k views
   • 
   • rcline46
   • December 28, 2000

2. How to correct improper hardship distributions - a wrinkle not previou

   By JDuns, December 21, 2000
   • 2 replies
   • 2.2k views
   • 
   • JDuns
   • December 21, 2000

3. minimum funding penalties

   By Guest JBeck, December 21, 2000
   • 0 replies
   • 1.3k views
   • 
   • Guest
   • December 21, 2000

4. Correction Methods for Excess Deferrals

   By Guest gaham, December 20, 2000
   • 1 reply
   • 1.5k views
   • 
   • R. Butler
   • December 20, 2000

5. SVP filing for participant excluded for 15 years.

   By R. Butler, December 5, 2000
   • 1 reply
   • 1.4k views
   • 
   • chris
   • December 14, 2000

6. Reclassification of Descretionary Employer Profit Sharing Contribution

   By Guest Emiliano, December 12, 2000
   • 1 reply
   • 1.8k views
   • 
   • Dave Baker
   • December 13, 2000

7. QNEC to a HCE over and above his Salary Deferral Limit of $10,500

   By Guest UKH, December 11, 2000
   • 1 reply
   • 1.6k views
   • 
   • Alf
   • December 11, 2000

8. S corp shareholder takes participant loan

   By Dawn Hafner, May 8, 2000
   • 6 replies
   • 2k views
   • 
   • Guest
   • December 9, 2000

9. Reversion of Plan Assets

   By Guest SBlack, December 5, 2000
   • 0 replies
   • 1.9k views
   • 
   • Guest
   • December 5, 2000

10. Inclusion of illegal aliens

    By PMC, November 30, 2000
    • 1 reply
    • 1.5k views
    • 
    • rcline46
    • December 1, 2000

11. Is it a plan defect to use a cash basis rather than an accrual basis t

    By John A, November 28, 2000
    • 3 replies
    • 1.6k views
    • 
    • Guest
    • November 29, 2000

12. One man DB, non amender, no contributions since 1990, deceased w/o ben

    By Guest John Dunwoody, November 29, 2000
    • 0 replies
    • 1.3k views
    • 
    • Guest
    • November 29, 2000

13. which comes first, the chicken or the egg?

    By Guest, November 15, 2000
    • 8 replies
    • 2.1k views
    • 
    • Greg Judd
    • November 17, 2000

14. Deductibility of corrective contributions for a prior plan year

    By Guest BBrew, November 17, 2000
    • 0 replies
    • 1.7k views
    • 
    • Guest
    • November 17, 2000

15. IRS flexibility for alternative corrections under VCR -excluded eligib

    By Guest Jordan, November 15, 2000
    • 1 reply
    • 1.4k views
    • 
    • Kirk Maldonado
    • November 15, 2000

16. Correction for all plan years; Exceptions?

    By JWK, November 15, 2000
    • 0 replies
    • 1.5k views
    • 
    • JWK
    • November 15, 2000

17. Correction of forfeitures

    By Guest VAP, November 14, 2000
    • 0 replies
    • 1.4k views
    • 
    • Guest
    • November 14, 2000

18. Sponsor's money commingled with plan assets in brokerage account

    By Guest, October 11, 2000
    • 1 reply
    • 1.5k views
    • 
    • JohnCheek
    • November 2, 2000

19. Use of plan funds to pay sanction under correction program and attorne

    By Guest Jae, October 23, 2000
    • 1 reply
    • 1.6k views
    • 
    • Kirk Maldonado
    • October 23, 2000

20. Correction for excluding an eligible employee from a safe-harbor 401(k

    By John A, October 18, 2000
    • 5 replies
    • 2k views
    • 
    • R. Butler
    • October 19, 2000

21. Taxes on employee when he has to return funds to plan from which rollo

    By Guest chg, October 3, 2000
    • 0 replies
    • 1.4k views
    • 
    • Guest
    • October 3, 2000

22. Premature distribution to NHCE, loan? hardship? No paperwork. APRSC, V

    By Guest John Dunwoody, March 28, 2000
    • 2 replies
    • 1.6k views
    • 
    • R. Butler
    • September 20, 2000

23. Exclusion of eligible employee

    By R. Butler, September 13, 2000
    • 0 replies
    • 1.4k views
    • 
    • R. Butler
    • September 13, 2000

24. Retroactive modification of standardized prototype plan to avoid inclu

    By traveler, August 28, 2000
    • 2 replies
    • 1.5k views
    • 
    • KJohnson
    • September 8, 2000

25. Erroneous 401(k) Distribution Collection

    By Guest Shanna Patterson, September 7, 2000
    • 0 replies
    • 1.7k views
    • 
    • Guest
    • September 7, 2000

26. How to correct a fiduciary breach?

    By Richard Anderson, September 1, 2000
    • 0 replies
    • 1.5k views
    • 
    • Richard Anderson
    • September 1, 2000

27. Some employees of Company A were participants in Plan B, which offered

    By Guest Winter, August 31, 2000
    • 2 replies
    • 1.4k views
    • 
    • Guest
    • September 1, 2000

28. Double Discretion and §1.401-1(a)

    By Guest MFuentes, August 7, 2000
    • 3 replies
    • 1.5k views
    • 
    • Richard Anderson
    • August 24, 2000

29. Failure to make contribution for employees in controlled company.

    By Guest, August 23, 2000
    • 1 reply
    • 1.5k views
    • 
    • Guest
    • August 23, 2000

30. Incorrect Compensation Used - Need Solutions to Fix

    By Guest SPollock, August 4, 2000
    • 2 replies
    • 1.9k views
    • 
    • John A
    • August 4, 2000

31. 403(b): TVC appopriate?

    By k man, July 25, 2000
    • 0 replies
    • 1.4k views
    • 
    • k man
    • July 25, 2000

32. Correction for excluding a portion of compensation when doing 401(k) d

    By John A, July 25, 2000
    • 0 replies
    • 1.4k views
    • 
    • John A
    • July 25, 2000

33. How does a plan sponsor enter into "John Doe" discussions ab

    By k man, July 17, 2000
    • 1 reply
    • 1.6k views
    • 
    • Guest
    • July 17, 2000

34. Correction of exclusion of eligible HCE from 401(k) Plan when no other

    By Guest CTYSON, June 5, 2000
    • 1 reply
    • 1.6k views
    • 
    • Richard Anderson
    • June 22, 2000

35. improper distribution

    By Guest kurt johansen, June 15, 2000
    • 0 replies
    • 1.6k views
    • 
    • Guest
    • June 15, 2000

36. VCR fee - one fee for multiple failures based only on numbers on most

    By John A, June 8, 2000
    • 0 replies
    • 1.8k views
    • 
    • John A
    • June 8, 2000

37. 401(k) - correction for deferrals before eligible

    By richard, May 22, 2000
    • 0 replies
    • 1.8k views
    • 
    • richard
    • May 22, 2000

38. Plan sponsor deposit funds from prior recordkeeper to own account

    By Guest NLough, May 19, 2000
    • 0 replies
    • 1.5k views
    • 
    • Guest
    • May 19, 2000

39. Correction of failure to provide top-heavy minimum

    By Guest Gibson, May 16, 2000
    • 1 reply
    • 1.3k views
    • 
    • Guest
    • May 17, 2000

40. distribution overpayment

    By Guest GENE, May 2, 2000
    • 12 replies
    • 5.1k views
    • 
    • pjkoehler
    • May 12, 2000

41. What is the correction for excluding an employee who should have been

    By John A, April 19, 2000
    • 0 replies
    • 1.4k views
    • 
    • John A
    • April 19, 2000

42. How do you correct an improper 403(b)plan into a 457 plan?

    By Guest R. Johannes, April 4, 2000
    • 0 replies
    • 1.4k views
    • 
    • Guest
    • April 4, 2000

43. What rights does a participant have when an employer fails to give a 4

    By EGB, April 3, 2000
    • 2 replies
    • 1.5k views
    • 
    • KJohnson
    • April 4, 2000

44. Distribution of forfeitable portion of terminated employee account

    By Guest Tara Curran, March 23, 2000
    • 1 reply
    • 1.5k views
    • 
    • Kirk Maldonado
    • March 23, 2000

45. COBRA trigger

    By Guest Damien B, March 22, 2000
    • 1 reply
    • 1.6k views
    • 
    • Kirk Maldonado
    • March 23, 2000

46. Recharacterize excess contributions as matching contributions?

    By Guest RMM, March 21, 2000
    • 0 replies
    • 1.4k views
    • 
    • Guest
    • March 21, 2000

47. Excluded Eligible Employees--Same Plan Year

    By JWK, March 6, 2000
    • 0 replies
    • 1.4k views
    • 
    • JWK
    • March 6, 2000

48. Undocumented changes in benefits

    By Guest Damien B, March 4, 2000
    • 0 replies
    • 1.3k views
    • 
    • Guest
    • March 4, 2000

49. Repayment of erroneous distributions

    By KJohnson, March 2, 2000
    • 0 replies
    • 1.6k views
    • 
    • KJohnson
    • March 2, 2000

50. Correction available for adoption of standardized prototype that reall

    By chris, March 2, 2000
    • 0 replies
    • 1.4k views
    • 
    • chris
    • March 2, 2000