Kimberly Valentine-Pierrot

Thank you to all that responded! We did file the extension based on the end of the month of 9/30/2020 and the extension deadline of 12/15/2020. There was some other language that was not as clear that kept throwing a wrench in the mix. Again, A BIG THANKS ?

Thank you and yes that is correct. However, for final filings you have 7 months from date of liquidation which in this case is 9/7/2020. What date do I use for the Form 5558 to extend another 2.5 months-11/22/2020?

Can someone please offer clarification on the final filing deadline for a DB plan with short plan year and extension? The short plan year is for 2020 and the assets were all liquidated on 2/7/2020. That said, without an extension, the 5500 is due by 9/7/2020, right? Also, would the 5558 need to use a plan year end date of 9/7/2020 with an extension date of 11/22/2020. I have researched but did not find situation with odd dates like this ours. Thanks!

Thank you!

Thank you and yes, for plan expenses as well. Allocating the earnings pro-rata is within ERISA regs, correct, as the participants are benefiting-not the ER??

It is my understanding that the forfeitures only can be used, per plan document of course, to reduce ER contributions. The remaining earnings are then allocated pro-rata to participant accounts. Any FF funds used to reduce must be restored by the ER if a participant is rehired prior to a 5 year break in service. Is this not correct?