Correction of Plan Defects

1,793 topics in this forum

1. Forfeitures Used to Fund Earnings on Corrective Distributions

   By cg1077, June 25, 2019   

   • forfeitures
   • earnings
   • 0 replies
   • 682 views
   • 
   • cg1077
   • June 25, 2019

2. Failure to start deferrals in auto-enroll plan

   By BG5150, June 19, 2019
   • 5 replies
   • 3.4k views
   • 
   • Eve Sav
   • June 24, 2019

3. EPCRS ACA FIX IF ACA IS TERMINATED

   By Jeff Kirtner, June 21, 2019
   • 0 replies
   • 936 views
   • 
   • Jeff Kirtner
   • June 21, 2019

4. Is this a document or operational failure?

   By pam@bbm, June 17, 2019
   • 14 replies
   • 3.7k views
   • 
   • LANDO
   • June 20, 2019

5. Discretionary Match - Document Failure or Operational Failure?

   By Towanda, June 5, 2019
   • 5 replies
   • 1.7k views
   • 
   • Towanda
   • June 19, 2019

6. Locating Missing Participants -- Best Internet Web Sites

   By rocknrolls2, June 6, 2019
   • 9 replies
   • 2k views
   • 
   • austin3515
   • June 12, 2019

7. Entitled to Rollover Treatment?

   By JustnERPA, April 24, 2019
   • 3 replies
   • 1.4k views
   • 
   • Mike Preston
   • April 24, 2019

8. Correction of Overpayment from Terminated Plan?

   By kmhaab, April 1, 2019
   • 1 reply
   • 982 views
   • 
   • Cardscrazy
   • April 22, 2019

9. IRS expands self correction to certain loan failures

   By RatherBeGolfing, April 19, 2019
   • 5 replies
   • 1.4k views
   • 
   • RatherBeGolfing
   • April 19, 2019

10. Updated VCP Fees

    By PensionPro, April 16, 2019
    • 1 reply
    • 983 views
    • 
    • Madison71
    • April 16, 2019

11. Nondeductible contribution

    By perplexedbypensions, March 25, 2019
    • 7 replies
    • 1.9k views
    • 
    • justanotheradmin
    • March 27, 2019

12. QNECs for missed deferrals

    By KimS, March 20, 2019
    • 6 replies
    • 1.4k views
    • 
    • Kevin C
    • March 22, 2019

13. Missed deferral opportunity?

    By Doghouse, March 19, 2019
    • 1 reply
    • 919 views
    • 
    • Luke Bailey
    • March 20, 2019

14. Timing of ACP Refund

    By pam@bbm, March 8, 2019
    • 3 replies
    • 1.7k views
    • 
    • Bri
    • March 12, 2019

15. QNEC Optional?

    By Doghouse, March 1, 2019
    • 2 replies
    • 1k views
    • 
    • Doghouse
    • March 6, 2019

16. Missed Deferrals 25% QNEC? or 50% QNEC?

    By JustnERPA, March 4, 2019
    • 1 reply
    • 1.5k views
    • 
    • Mike Preston
    • March 5, 2019

17. Loan Failure - Relief from Reporting Loans as Deemed Distributions

    By Towanda, February 19, 2019
    • 5 replies
    • 1.6k views
    • 
    • Towanda
    • February 23, 2019

18. Minor Modification of VCP Compliance Statement

    By KMMB, February 14, 2019   

    • defined benefit plan
    • vcp minor modification
    • (and 1 more)

      Tagged with:

      • defined benefit plan
      • vcp minor modification
      • plan amendment
    • 1 reply
    • 735 views
    • 
    • Bob the Swimmer
    • February 14, 2019

19. SIMPLE IRA - VCP - Employer Eligibility Failure

    By JustMe, January 31, 2019
    • 2 replies
    • 1k views
    • 
    • JustMe
    • February 4, 2019

20. SIMPLE IRA and 401(k) in same year

    By Belgarath, May 31, 2017
    • 5 replies
    • 3.9k views
    • 
    • JustMe
    • January 30, 2019

21. Buyer Contributed to Seller's Plan after Asset Sale

    By BTG, January 27, 2019
    • 2 replies
    • 947 views
    • 
    • QP_Guy
    • January 28, 2019

22. Ineligible Compensation used for Deferrals

    By JustMe, January 16, 2019
    • 4 replies
    • 2.3k views
    • 
    • JustMe
    • January 19, 2019

23. Revised Form 8950

    By TPA Bob, January 14, 2019   

    • form 8950
    • 1 reply
    • 1.4k views
    • 
    • DAK
    • January 14, 2019

24. Amend for 2018 now or include in VCP?

    By kmhaab, December 28, 2018
    • 0 replies
    • 684 views
    • 
    • kmhaab
    • December 28, 2018

25. 14568 and 14568-E: Redundant? Loan Failure

    By Towanda, December 19, 2018
    • 3 replies
    • 794 views
    • 
    • Towanda
    • December 20, 2018

26. Overpayment under a DC plan and 1099R requirements

    By 30Rock, November 15, 2018
    • 3 replies
    • 1.6k views
    • 
    • Luke Bailey
    • November 16, 2018

27. Correcting Coverage Testing, Can we distribute small accounts?

    By ERISA-Bubs, November 6, 2018
    • 6 replies
    • 1.6k views
    • 
    • David Schultz
    • November 9, 2018

28. large 403(b) depositing SH Match in Employer Match accounts

    By Lori H, October 11, 2018
    • 3 replies
    • 921 views
    • 
    • Kevin C
    • November 7, 2018

29. SCP or VCP to Extend Permissible Loan Term

    By EBECatty, October 1, 2018
    • 3 replies
    • 1k views
    • 
    • Kevin C
    • October 19, 2018

30. 5330 needed for 2 issues...

    By Puffinator, October 10, 2018
    • 2 replies
    • 943 views
    • 
    • 401_noob
    • October 16, 2018

31. VCP or VFCP

    By ERISAgeek111, October 9, 2018
    • 3 replies
    • 4.5k views
    • 
    • RatherBeGolfing
    • October 10, 2018

32. Deferral Reduction not implemented

    By PJF414, October 8, 2018   

    • 401(k) correction
    • 2 replies
    • 1.1k views
    • 
    • Jim Chad
    • October 9, 2018

33. extended 2017 Form 5330 in error

    By M Norton, October 4, 2018   

    • form 5330
    • extension
    • 1 reply
    • 1k views
    • 
    • RatherBeGolfing
    • October 4, 2018

34. Rev. Proc. 2015-28 Correction of employee erroneously excluded from 401(k) for 2015

    By Carol V. Calhoun, July 21, 2015   

    • Rev. Proc. 2015-28
    • 7 replies
    • 4.4k views
    • 
    • DDahl
    • September 24, 2018

35. Resistance to VCP - what to do?

    By Towanda, September 13, 2018
    • 9 replies
    • 1.7k views
    • 
    • shERPA
    • September 14, 2018

36. Earnings Rate - Plan Average?

    By kmhaab, September 10, 2018
    • 2 replies
    • 1.2k views
    • 
    • AMDG
    • September 11, 2018

37. Form 5330 de minimis balance due

    By M Norton, September 7, 2018
    • 1 reply
    • 1.3k views
    • 
    • Larry Starr
    • September 7, 2018

38. Coverage Testing Correction

    By calexbraska, August 30, 2018
    • 3 replies
    • 2.4k views
    • 
    • Doc Ument
    • September 4, 2018

39. Alternative Proposed Correction

    By kshawbenefits, August 21, 2018   

    • epcrs
    • retroactive plan amendment
    • (and 1 more)

      Tagged with:

      • epcrs
      • retroactive plan amendment
      • correction method
    • 5 replies
    • 1.5k views
    • 
    • Flyboyjohn
    • August 21, 2018

40. Exclusion of Eligible Employees

    By calexbraska, July 26, 2018
    • 4 replies
    • 1.5k views
    • 
    • justanotheradmin
    • August 20, 2018

41. VFCP Invitations DOL Philadelphia Region

    By Flyboyjohn, July 17, 2018   

    • vfcp
    • 4 replies
    • 1.1k views
    • 
    • MoJo
    • July 18, 2018

42. Correction of excess deferrals/match

    By Lori H, July 9, 2018
    • 7 replies
    • 3k views
    • 
    • Lori H
    • July 13, 2018

43. MP and PS plans not restated since 1999 adoption

    By Bird, June 27, 2018
    • 3 replies
    • 1.1k views
    • 
    • Bird
    • June 27, 2018

44. Anonymous VCP filing

    By YankeeFan, June 26, 2018
    • 1 reply
    • 853 views
    • 
    • Mike Preston
    • June 26, 2018

45. Ineligible 401k employer - VCP to 401a?

    By beartd, June 20, 2018
    • 1 reply
    • 889 views
    • 
    • John Feldt ERPA CPC QPA
    • June 20, 2018

46. Excessive fees - VFCP Filing

    By ErisaGooroo, June 12, 2018   

    • vfcp
    • 5500
    • 1 reply
    • 1k views
    • 
    • Madison71
    • June 12, 2018

47. Return of Contribution due to Mistake or Fraud/Embezzlement

    By Dalai Pookah, June 12, 2018   

    • erisa §403(c)(2)
    • mistake of fact
    • (and 1 more)

      Tagged with:

      • erisa §403(c)(2)
      • mistake of fact
      • fraud
    • 5 replies
    • 3k views
    • 
    • Dalai Pookah
    • June 12, 2018

48. Non-adopting employer allowed to participate

    By K2retire, June 12, 2018
    • 4 replies
    • 1.9k views
    • 
    • Doc Ument
    • June 12, 2018

49. Correction for missed last paycheck deferrals

    By kmhaab, June 7, 2018
    • 2 replies
    • 2k views
    • 
    • John Feldt ERPA CPC QPA
    • June 8, 2018

50. correction for ineligible participation, now deceased

    By t.haley, June 6, 2018
    • 1 reply
    • 755 views
    • 
    • Luke Bailey
    • June 7, 2018