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Showing results for tags '501'.
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Greetings: Employer has never filed any 500 for their component benefit plans (life, health, vision, dental) because they are under 100 participants (nor do they have an assigned plan number). The insurer gave their FSA plan number 501 (which has also never filed a 5500). Employer now has a wrap plan document. We believe that the Wrap Plan should be plan number 501 (along with all component benefit plans under the wrap). Another vendor believe that the wrap plan document should have a unique number from the component plan documents. Is there any reason why a wrap plan document should not have the same plan number as the component benefits? Thank you -
On terminations where we have filed a form 501 with the PBGC within the last 3 months they are asking for: 1) A copy of the current plan document; and 2) Proof (cancelled checks) of each distribution Does anyone know why this is happening or why there is no announcement? Thank you.
