RMD to Beneficiaries after Death of Participant

[Guest Twinky]

Please advise if my thought process is correct or not...

Participant dies 12/31/2005

Participant's DOB 12/20/1924

Participant was receiving RMD's prior to death

There are multiple beneficiaries (not an estate)

The company changed investment companies in 2005, and no 2005 RMD was prepared (new plan to me in 2006).

To calculate the RMD for the beneficiaries, I would need the oldest beneficiary's DOB correct?

I would then use the beneficiary's age to get my life expectancy factor, correct?

To calculate the RMD, I would then divide the 2004 ending balance by the factor to get the 2005 RMD, correct?

Since the participant died in 2005, I would need to provide the first RMD to the bene's by 12/31/2006, correct? I would also need to calculate the 2006 RMD...and both would be distributed before 12/31/2006, correct?

Thank you so much for any advice you can provide.