crystal safe harbor notice for Relius

[Tom Poje]

per a request. here is a crystal report that hopefully will produce the safe harbor notice needed for plan years beginning 2007. (will print vesting and distribution info) This was converted to 11.0. the 10.2 version is posted on the relius board.

first I should say I don't have any convoluted plans (e.g. different vesting schedules for different stuff)

one can always add more items by entering data in the user fields.

this report is based on a combination of Corbel's example and (if I remember correctly) Sal "The ERISA Outline Book" example of a few years ago. but maybe I am wrong there, I don't recall where I received my original example.

alpha numeric User fields in plan specs:

#20 deferral changes can be made (e.g. quarterly or monthly, etc)

#21 is compensation definition (e.g. Total or comp less bonus, etc)

#22 and #23 distribution conditions (e.g. upon termination)

#25 contact person (e.g. Blunky the one eyed newt)

#26, #27 and #28 vesting schedule

#26 2yrs 20% 3 yrs 40%

#27 4 yrs 60% 5 yrs 80%

#28 6 yrs 100%

#29 hours for vesting (this might only be available on version 11.0) I added this after the fact. I figured it can't hurt.

As far as I can tell, I have included everything needed. If there is no match then those portions of the report can be surpressed. etc. etc.

[Tom Poje]

simply a note to bring this message to the first page. this is the report I mentioned at the ASPPA conference

(if there are any questions or you need help in further modifying the report, ask and maybe I can give a tip or two)

[Guest stevena1]

Thanks Tom...I just came to the site to try to find this. We had asked you at the conference. Thanks for putting it up top!

[Tom Poje]

I just noticed one small 'error'. under section V (Distributions and vesting) the font size changed from 10 to 9. hopefully that is easy enough to fix at your end.

other thoughts: section IV other contributions references the SPD.

I run the report in report writer and save to a file.

I then edit the report. for example, I added to section IV (see pages 3 and 4 of the SPD)

thats because the regs (1.401(k)-3(d)(2)(iii)) say to cross reference the relevant portions of the SPD.

well, for a first attempt at creating and generating a report, this seems to be working pretty good.

[Tom Poje]

other possible modifications (this comes from someone I have a lot of confidence in)

under 'making or changing your deferral election' he added a blurb on 'cath-up eligibility'

a little more descriptive under distributions and vesting (e.g. $5000 or less automatic cash-out, ability to withdraw rollover $ at any time, etc.)

he also has a full description of 'other contributions'. I am not sure how much more needs to be added here since you can reference the SPD

but, as indicated, the purpose of the report is to give a starting point and modify it as suits one needs (and I guess as one feels comfortable with)

[Kimberly S]

For those of us who don't have Crystal Reports, would it be possible to see a PDF file of this information?