Demo 6 Submission Requirements

[Guest Doug Goelz]

When the IRS revised the Schedule Q with their August 2001 version of the forms, they added a new #1 and renumbered the rest of their list of requirements for the Demo 6 submission. The first item in the list now requires plans to "provide the portion of the nondiscrimination test that provides the data for each participant and demonstrates that the plan satisfies 401(a)(4)."

A review of the IRS website indicates a possible response to this item is to just reference the Demo 6 itself -- but they go on to imply that you should send all the data that would be necessary to complete the general test.

In the past, I just sent in a few sample calculations without the full blown test results. I'd be curious to know what others typically send to the IRS as part of the Demo 6 filing.

[Guest jody303]

Prior to the revision of the Demo instructions, we used to send exhibits which illlustrated the numbers for all participants and referred to those exhibits throughout the rest of the Demo 6.

Now, we list the exhibits specifically in Item 1 of the Demo 6. The rest of the demo is the same as it was before (except for renumbering the items).

So, bottom line is that we always provided the entire test and we still do.