Trisports Posted June 3, 2020 Report Share Posted June 3, 2020 We were asked to assist a client who had a 403(b) plan since 2004 but never formally adopted a plan document or filed a Form 5500. If the client adopts the plan document before the June 30 deadline, are we in compliance, or do we need to file a VCP for the plan document issue? Is the June 30 deadline only for defects to an existing plan document or can we use it for a plan that never had a plan document? For the late 5500, the client will filed under DFVCP. Thank you. Link to comment Share on other sites More sharing options...
justanotheradmin Posted June 3, 2020 Report Share Posted June 3, 2020 VCP is needed if they never had a document. Luke Bailey 1 I'm a stranger on the internet. Nothing I write is tax or legal advice. I'd like a witty saying here, but I don't have any. When in doubt, what does the plan document say? Link to comment Share on other sites More sharing options...
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