Forms to File for IRS Submission

[Guest Sprout]

I am restating a Cross-Tested profit sharing plan to a Safe Harbor 401(k) plan with a cross-tested component on a Corbel Volume Submitter document. I know that I must submit Form 5307, but do I also need Schedule Q, and if so, must I attach Dem 4 and 6? The IRS instructions for Schedule Q seem very broad, so I'm not sure if it's necessary.

[Blinky the 3-eyed Fish]

You would only submit any of the demos if you were requesting an IRS determination of what the particular demo demonstrates. You certainly do not have to request a determination of the nondiscrimination testing if you do not wish to.

[jaemmons]

The schedule Q is an optional form now. The determination letter process was split into "two" pieces, so to speak. If all you want is a letter on the form (which I would recommend), no Schedule Q is required to be attached.

I never understood the need to submit for a determination letter with respect to operation, since the letter is only good for the year in which information is being supplied in the submission package. I guess the "warm & fuzzy feeling" is good enough for sponsors to seek this reliance.