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Plan at 415 limit but slightly overfunded


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Just a quick question about a plan that is slightly overfunded, by about $200,000.  Owner only sole prop.

Could the sponsor leave the plan active, roll their current 415 limit benefit from the plan and the leave the excess assets in the plan.  Then invest the remaining $200,000 in a money market account so not to gain interest.  In 3 years when their new 415 limit is $200,000 more, take the excess?

I know there's a lot more to it, but trying to keep it as simple as possible.

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