Correction of Plan Defects

1,655 topics in this forum

1. how to correct late deposit issue after plan terminates

   By mariemonroe, September 8
   • 0 replies
   • 71 views
   • 
   • mariemonroe
   • September 8

2. Initial failure to adopt a Qualified Plan

   By JustMe, February 24, 2020
   • 9 replies
   • 642 views
   • 
   • chibenefits
   • August 30

3. Failure to Implement Elective Deferral - Impact of Compensation Limit

   By Gruegen, August 12
   • 3 replies
   • 159 views
   • 
   • Peter Gulia
   • August 16

4. How far back?

   By jpod, January 12, 2015
   • 16 replies
   • 4.4k views
   • 
   • 401 Chaos
   • August 6

5. Missed earnings for late deposits

   By cathyw, August 3
   • 11 replies
   • 259 views
   • 
   • BG5150
   • August 5

6. Adoption of plan by new controlled group member = "plan amendment" under 1.401(a)(4)-11(g)?

   By Luke Bailey, July 31
   • 14 replies
   • 227 views
   • 
   • Mike Preston
   • August 3

7. Correction of Plan Type Erroneously Selected by Prior Service Provider in IRS Determination Letter Submission

   By rocknrolls2, July 28
   • 0 replies
   • 79 views
   • 
   • rocknrolls2
   • July 28

8. Correction of SIMPLE After Crossing the 100-Employee Threshold

   By 401 Chaos, July 28
   • 0 replies
   • 58 views
   • 
   • 401 Chaos
   • July 28

9. Earnings Adjustment - Actual vs. DOL Calculator

   By waid10, July 14
   • 5 replies
   • 162 views
   • 
   • Bob the Swimmer
   • July 16

10. New EPCRS Rev Proc 2021-30

    By RatherBeGolfing, July 16
    • 1 reply
    • 178 views
    • 
    • C. B. Zeller
    • July 16

11. Can forfeitures be used for late deferral corrections?

    By BG5150, July 15
    • 5 replies
    • 241 views
    • 
    • C. B. Zeller
    • July 15

12. Plan doesn't permit QNECs

    By BTG, March 16
    • 4 replies
    • 218 views
    • 
    • PeterN
    • July 9

13. VCP status inquiry line

    By t.haley, June 28
    • 3 replies
    • 215 views
    • 
    • BTG
    • July 8

14. Retention of Plan Documents

    By chibenefits, June 30
    • 2 replies
    • 278 views
    • 
    • John Feldt ERPA CPC QPA
    • July 1

15. can former shareholders of plan sponsor be held liable for plan error in this circumstance?

    By mariemonroe, June 22
    • 5 replies
    • 226 views
    • 
    • mariemonroe
    • June 23

16. Waiver of 401(a)(9) Penalties for Employee Owner under VCP

    By chibenefits, June 8
    • 1 reply
    • 176 views
    • 
    • rocknrolls2
    • June 9

17. Correction of Plan Back to 2014

    By ErnieG, May 21
    • 2 replies
    • 183 views
    • 
    • ErnieG
    • May 24

18. SCP- operational failure on bonuses for 401k deferral

    By B21, May 9
    • 2 replies
    • 222 views
    • 
    • Bill Presson
    • May 10

19. Anonymous VCP - what to list on pay.gov for plan sponsor, plan name and EIN

    By Trisports, April 29   

    • vcp; anonymous
    • 0 replies
    • 110 views
    • 
    • Trisports
    • April 29

20. Impermissible Distribution

    By waid10, March 16, 2010
    • 23 replies
    • 13.8k views
    • 
    • Bird
    • April 27

21. Salary Deferral Excess corrected under EPCRS--what 1099R code?

    By BG5150, April 21
    • 2 replies
    • 153 views
    • 
    • BG5150
    • April 22

22. 45-day notice requirement for safe harbor correction

    By t.haley, April 12
    • 0 replies
    • 120 views
    • 
    • t.haley
    • April 12

23. Participant took “COVID” distribution in excess of $100,000 limit.

    By MarZDoates, April 5
    • 4 replies
    • 238 views
    • 
    • MarZDoates
    • April 8

24. Early inclusion of ineligible employee

    By Dougsbpc, March 7
    • 2 replies
    • 230 views
    • 
    • Lou S.
    • March 11

25. compensation not capped; match calc'd on excess comp

    By TPAnnie, March 2
    • 2 replies
    • 332 views
    • 
    • TPAnnie
    • March 2