Guest asire2002 Posted May 7, 2003 Share Posted May 7, 2003 I think this may have been covered fairly recently, but has anyone had any experience as to the IRS' response if a document is submitted without all of the prior documents? We have a terminating K plan that was established in 1990. The plan has always used prototype documents. It has never sought an individual determination letter. We want to submit it upon its termination for a letter, but cannot find the document in effect originally. We have all documents used since 1992, but not the document in place at the outset. Any experience as to what the IRS will do if we submit without the original document? Will the submission be rejected? Are there potential adverse consequences of submitting, i.e., would the IRS refer the plan for audit? Link to comment Share on other sites More sharing options...
Guest Pensions in Paradise Posted May 7, 2003 Share Posted May 7, 2003 Hopefully the attached IRS bulletin will be helpful. Prior_Doc_Issue.pdf Link to comment Share on other sites More sharing options...
Kirk Maldonado Posted May 7, 2003 Share Posted May 7, 2003 Pensions in Paradise: Thanks for posting that material. Where did you find it? Kirk Maldonado Link to comment Share on other sites More sharing options...
KJohnson Posted May 7, 2003 Share Posted May 7, 2003 Kirk, I would be interested as well. I've got the hard copy in my determination letter subject file and remember printing it off over a year ago. I thought it was an attachment to some of the CPE material that the IRS publishes but I went back and couldn't find it. BTW--I always find the CPE material very helpful. The 2002 IRS CPE material can be found here: http://www.irs.gov/retirement/article/0,,i...=102249,00.html Link to comment Share on other sites More sharing options...
Guest Pensions in Paradise Posted May 8, 2003 Share Posted May 8, 2003 Kirk, Sorry, I can't recall where I located the bulletin. Link to comment Share on other sites More sharing options...
Guest tcallow Posted May 16, 2003 Share Posted May 16, 2003 I recently received a determination letter for a pla under similar circumstances. No copy of the TRA '86 document could be found. However, the IRS accepted as proof of the existence of the prior plan document a copy of an old 5500-EZ reporting the serial number of the sponsor's determination letter for its standardized prototype plan. Link to comment Share on other sites More sharing options...
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