Correction of Plan Defects

1,643 topics in this forum

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

   By chibenefits, Tuesday at 08:04 PM
   • 1 reply
   • 102 views
   • 
   • rocknrolls2
   • Wednesday at 08:08 PM

2. Initial failure to adopt a Qualified Plan

   By JustMe, February 24, 2020
   • 7 replies
   • 538 views
   • 
   • Alan Kandel
   • May 28

3. Correction of Plan Back to 2014

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

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

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

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

   By Trisports, April 29   

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

6. Impermissible Distribution

   By waid10, March 16, 2010
   • 23 replies
   • 13.5k views
   • 
   • Bird
   • April 27

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

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

8. 45-day notice requirement for safe harbor correction

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

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

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

10. Plan doesn't permit QNECs

    By BTG, March 16
    • 3 replies
    • 158 views
    • 
    • Luke Bailey
    • March 17

11. Early inclusion of ineligible employee

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

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

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

13. Payment of DB Plan Benefits out of Corporate Assets (wrong account)

    By EBECAttorney, February 25
    • 7 replies
    • 286 views
    • 
    • acm_acm
    • March 1

14. Extension of Special Rule for Auto Enrollment Plans

    By austin3515, January 18
    • 4 replies
    • 397 views
    • 
    • austin3515
    • February 3

15. Filing VCPs for clients

    By Cindy, January 22
    • 5 replies
    • 308 views
    • 
    • Peter Gulia
    • January 27

16. 403(b) nonamender

    By Belgarath, November 9, 2020
    • 6 replies
    • 352 views
    • 
    • Luke Bailey
    • January 22

17. ECPRS / Gains Adjustments for over-deposits

    By austin3515, January 11
    • 4 replies
    • 171 views
    • 
    • Luke Bailey
    • January 13

18. EPCRS--missed deferral opportunity based on ADP test

    By FORMER ESQ., January 9
    • 2 replies
    • 169 views
    • 
    • BG5150
    • January 11

19. vcp question

    By Scuba 401, January 8
    • 2 replies
    • 134 views
    • 
    • Scuba 401
    • January 9

20. Deferrals to (now terminated) Simple IRA not deposited

    By DSev, December 28, 2020
    • 4 replies
    • 179 views
    • 
    • FORMER ESQ.
    • December 28, 2020

21. Wrong plan Number on 5500 for 8 years

    By AbsolutelyOkayPossibly, December 1, 2020
    • 1 reply
    • 313 views
    • 
    • Bill Presson
    • December 1, 2020

22. Correction of failure to adopt 403(b) in 2014 - can I use Schedule 2 of From 14568-B

    By KML, November 30, 2020
    • 1 reply
    • 193 views
    • 
    • EBECatty
    • November 30, 2020

23. ADP Testing with lost deferral opportunity

    By Jill, November 23, 2020
    • 7 replies
    • 211 views
    • 
    • Jill
    • November 30, 2020

24. VFCP Calculator

    By Belgarath, November 3, 2020
    • 8 replies
    • 567 views
    • 
    • Gilmore
    • November 5, 2020

25. VFCP Calculator--does this add up?

    By BG5150, October 23, 2020
    • 1 reply
    • 222 views
    • 
    • RatherBeGolfing
    • October 23, 2020