Correction of Plan Defects

1,797 topics in this forum

1. Correcting distributions made from Company account

   By Guest richstout, February 22, 2001
   • 0 replies
   • 1.6k views
   • 
   • Guest
   • February 22, 2001

2. Employer wants to "clean up" 350 defaulted participant loans

   By Guest CJK, February 21, 2001
   • 0 replies
   • 1.7k views
   • 
   • Guest
   • February 21, 2001

3. Are 5500s required for terminated plans?

   By Guest RogersSmith, February 20, 2001
   • 3 replies
   • 1.8k views
   • 
   • Guest
   • February 21, 2001

4. Correction of ADP the now passes

   By Guest Scott Evans, February 20, 2001
   • 1 reply
   • 1.8k views
   • 
   • Guest
   • February 21, 2001

5. Assets that remain in the trust after all distributions have been paid

   By Guest CLS, February 20, 2001
   • 0 replies
   • 1.7k views
   • 
   • Guest
   • February 20, 2001

6. Delinquent Refund of Excess Deferrals Related To Failed ADP

   By Guest Peter Riggins, February 15, 2001
   • 2 replies
   • 2k views
   • 
   • Guest
   • February 16, 2001

7. Delinquent Deposit of Participant Contributions

   By Guest lforesz, February 5, 2001
   • 0 replies
   • 1.9k views
   • 
   • Guest
   • February 5, 2001

8. Money Purchase Plan - Funding deficiency for years and years

   By Guest boberlander, February 1, 2001
   • 3 replies
   • 2.4k views
   • 
   • richard
   • February 3, 2001

9. Ineligible employee makes elective deferrals

   By jkharvey, January 23, 2001
   • 5 replies
   • 4.1k views
   • 
   • John A
   • February 2, 2001

10. Gee, I wish the client told me before doing this!

    By richard, January 30, 2001
    • 1 reply
    • 1.9k views
    • 
    • Kirk Maldonado
    • January 30, 2001

11. Availability of Walk-In Cap

    By chris, January 15, 2001
    • 4 replies
    • 2.1k views
    • 
    • chris
    • January 26, 2001

12. Walk In CAP Issue Retroactive amendment v. operational failure

    By Guest PALAWYER, January 25, 2001
    • 1 reply
    • 1.7k views
    • 
    • Guest
    • January 25, 2001

13. Correcting Failure to Follow Plan Terms Error By Transferring to Non-Q

    By Guest smithee, January 19, 2001
    • 0 replies
    • 1.6k views
    • 
    • Guest
    • January 19, 2001

14. Controlled Group and Standardized Adoption Agreements

    By PMC, January 11, 2001
    • 1 reply
    • 1.9k views
    • 
    • KJohnson
    • January 12, 2001

15. Determination of Two Year Correction Period Under APRSC for Errors Occ

    By Guest DMK, January 10, 2001
    • 3 replies
    • 1.6k views
    • 
    • Guest
    • January 10, 2001

16. 401(k) Payout to Participant Not Terminated

    By lkpittman, January 9, 2001
    • 4 replies
    • 2.7k views
    • 
    • lkpittman
    • January 9, 2001

17. Correction for distributions greater than Minimum Required Distributio

    By John A, December 27, 2000
    • 1 reply
    • 1.7k views
    • 
    • rcline46
    • December 28, 2000

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

    By JDuns, December 21, 2000
    • 2 replies
    • 2.6k views
    • 
    • JDuns
    • December 21, 2000

19. minimum funding penalties

    By Guest JBeck, December 21, 2000
    • 0 replies
    • 1.5k views
    • 
    • Guest
    • December 21, 2000

20. Correction Methods for Excess Deferrals

    By Guest gaham, December 20, 2000
    • 1 reply
    • 1.8k views
    • 
    • R. Butler
    • December 20, 2000

21. SVP filing for participant excluded for 15 years.

    By R. Butler, December 5, 2000
    • 1 reply
    • 1.7k views
    • 
    • chris
    • December 14, 2000

22. Reclassification of Descretionary Employer Profit Sharing Contribution

    By Guest Emiliano, December 12, 2000
    • 1 reply
    • 2.2k views
    • 
    • Dave Baker
    • December 13, 2000

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

    By Guest UKH, December 11, 2000
    • 1 reply
    • 1.9k views
    • 
    • Alf
    • December 11, 2000

24. S corp shareholder takes participant loan

    By Dawn Hafner, May 8, 2000
    • 6 replies
    • 2.5k views
    • 
    • Guest
    • December 9, 2000

25. Reversion of Plan Assets

    By Guest SBlack, December 5, 2000
    • 0 replies
    • 2.1k views
    • 
    • Guest
    • December 5, 2000

26. Inclusion of illegal aliens

    By PMC, November 30, 2000
    • 1 reply
    • 1.7k views
    • 
    • rcline46
    • December 1, 2000

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

    By John A, November 28, 2000
    • 3 replies
    • 2k views
    • 
    • Guest
    • November 29, 2000

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

    By Guest John Dunwoody, November 29, 2000
    • 0 replies
    • 1.5k views
    • 
    • Guest
    • November 29, 2000

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

    By Guest, November 15, 2000
    • 8 replies
    • 2.5k views
    • 
    • Greg Judd
    • November 17, 2000

30. Deductibility of corrective contributions for a prior plan year

    By Guest BBrew, November 17, 2000
    • 0 replies
    • 1.9k views
    • 
    • Guest
    • November 17, 2000

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

    By Guest Jordan, November 15, 2000
    • 1 reply
    • 1.7k views
    • 
    • Kirk Maldonado
    • November 15, 2000

32. Correction for all plan years; Exceptions?

    By JWK, November 15, 2000
    • 0 replies
    • 1.7k views
    • 
    • JWK
    • November 15, 2000

33. Correction of forfeitures

    By Guest VAP, November 14, 2000
    • 0 replies
    • 1.7k views
    • 
    • Guest
    • November 14, 2000

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

    By Guest, October 11, 2000
    • 1 reply
    • 1.8k views
    • 
    • JohnCheek
    • November 2, 2000

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

    By Guest Jae, October 23, 2000
    • 1 reply
    • 1.8k views
    • 
    • Kirk Maldonado
    • October 23, 2000

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

    By John A, October 18, 2000
    • 5 replies
    • 2.4k views
    • 
    • R. Butler
    • October 19, 2000

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

    By Guest chg, October 3, 2000
    • 0 replies
    • 1.7k views
    • 
    • Guest
    • October 3, 2000

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

    By Guest John Dunwoody, March 28, 2000
    • 2 replies
    • 1.9k views
    • 
    • R. Butler
    • September 20, 2000

39. Exclusion of eligible employee

    By R. Butler, September 13, 2000
    • 0 replies
    • 1.7k views
    • 
    • R. Butler
    • September 13, 2000

40. Retroactive modification of standardized prototype plan to avoid inclu

    By traveler, August 28, 2000
    • 2 replies
    • 1.9k views
    • 
    • KJohnson
    • September 8, 2000

41. Erroneous 401(k) Distribution Collection

    By Guest Shanna Patterson, September 7, 2000
    • 0 replies
    • 1.9k views
    • 
    • Guest
    • September 7, 2000

42. How to correct a fiduciary breach?

    By Richard Anderson, September 1, 2000
    • 0 replies
    • 1.8k views
    • 
    • Richard Anderson
    • September 1, 2000

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

    By Guest Winter, August 31, 2000
    • 2 replies
    • 1.7k views
    • 
    • Guest
    • September 1, 2000

44. Double Discretion and §1.401-1(a)

    By Guest MFuentes, August 7, 2000
    • 3 replies
    • 1.9k views
    • 
    • Richard Anderson
    • August 24, 2000

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

    By Guest, August 23, 2000
    • 1 reply
    • 1.7k views
    • 
    • Guest
    • August 23, 2000

46. Incorrect Compensation Used - Need Solutions to Fix

    By Guest SPollock, August 4, 2000
    • 2 replies
    • 2.2k views
    • 
    • John A
    • August 4, 2000

47. 403(b): TVC appopriate?

    By k man, July 25, 2000
    • 0 replies
    • 1.6k views
    • 
    • k man
    • July 25, 2000

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

    By John A, July 25, 2000
    • 0 replies
    • 1.6k views
    • 
    • John A
    • July 25, 2000

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

    By k man, July 17, 2000
    • 1 reply
    • 1.8k views
    • 
    • Guest
    • July 17, 2000

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

    By Guest CTYSON, June 5, 2000
    • 1 reply
    • 2k views
    • 
    • Richard Anderson
    • June 22, 2000