BG5150

Are you guys trying to tell me that if I get my CPC designation I'll be drafted? Anyway, I'll play along: http://en.wikipedia.org/wiki/Conscription_in_the_United_States

Oh. Now I know exactly who you are talking about!

I just noticed there was a greater than 1 year break in service here (March '12 to October '13). I say you restart the clock, as the service-spanning rule is not in effect. If employment continues, the employee will become a participant on the entry date following January 25, 2014. The "year of service" requirement is there to say: if you don't work the requisite time, but work more than 1,000 hours you are in. It doesn't have anything to do with: Poor guy. You didn't work three months the first time around, so now you have to work 1,000 hours...

Test done. A lot like the practice exam (whew). Guess I'll find out in 6 to 8 weeks... BTW, went to the bar AFTER the test. Had a couple yummy Bass Ales.

Does the plan say 3 months? Or 3 consecutive months? (And would the service-spanning rules come into play in either case?)

A year of service is a 12-month period. Not 12 months and a day. Maybe just don't hire people on the first of second of the month...

Thanks, Tom. I'll let you know. But I would still like to learn it as a matter of personal enrichment.

Anyone know of any good resources for learning Crystal Reports for Relius Admin? Other than flying to Jacksonville for a few days?

1/1. No doubt. It's coincident with the completion of the 1 year.

One more week.

yeah. mine moves!

^ unless the plan has fail-safe language. Then you lose the ABT for coverage. (I'm pretty sure)

At my old job, we had daily valued plans on Relius, but we had a dummy plan to use to try stuff out. Just make sure you uncheck "confirm required."

Pad your bill!

BRF: Benefits Rights & Features testing. Gotta make sure it's not only the HCEs who can and are getting the enhanced contributions.

First, does the plan allow for an additional discretionary match?

What about BRF testing?

Someone in my office seems to think April 15 is an important date for ADP refunds of Roth deferrals, ut they can't put their finger on it. Leafing through (though not perusing) the EOB, I just see that Roth ADP refunds just go on a separate 1099-R from regular deferrals as the basis is not taxed. I do not see any reference to April 15 anywhere for ADP refunds of any sort. Googling "ADP Roth Refund April 15" gave me this nugget: http://www.ars401k.com/Roth401k.pdf On slide 8, referring to ADP refunds, it says: Is that right? All the other links lead to discussions on 402(g) excess deferrals, not ADP refunds. As always, your thoughts are appreciated.

Everyone would be out to get you if you weren't selling those evil 419(i) things that are tax shelters or maybe they aren't or maybe they are on every other Monday. Wait a minute! We all sell those things. Not a thing wrong with them, IMO! [/sarcasm]

You could always exclude ONLY HCE bonuses.

Only if you expect to receive at least $1,000 over the life of the contract (not per year, but per contract). And notices must go out if you COULD get revenue from the plan, not IF you do.

Might be helpful to remind MM they aren't the only game in town. There's always The Hartford! (/sarcasm)

So, it looks like it's just the earnings that are due back in the account and that EPCRS says it's not up to the ER to fund it. Now, MM is saying the ER must fund it. What is MM gonna do if they don't pay it? (Can you get a copy of the MM service agreement? Maybe there is something in there.)

It means that you can't cap deferrals at less than 5%.

From EPCRS, failure to implement instructions for partial year. (spacing added) Appendix B, Section 2.02 (1) (a) (ii) (B) (2)