Jump to content

Recommended Posts

Posted

EXECUTIVE SUMMARY: Based on the fact pattern below, I am sure that the SSA we filed with the final filing for a terminated plan was not plugged into the SSA system. How do I go about fixing that?

BACKGROUND: I work for a pretty big controlled group that has grown primarily by acquisition. So I've terminated or merged a bunch (over 40) of plans covering lots of employees. And we hardly ever get inquiries from participants who were paid out but have gotten a SSA-L99 saying that they might be entitled to a benefit. But over the last couple of months I have gotten six or eight inquiries from people we paid out and reported on the 2001 filing as D--previously reported, but no longer entitled to a benefit.

Should I:

Resubmit the original filing?

Submit an amended filing, reporting them again on the current format?

Try to call my way to an official answer? I've already been throguh the IRS, EBSA and SSA websites without any progress.

Thanks for any advice.

Posted

Hmmm.

IMHO, resubmitting an original filing is about the same as submitting an amended filing, and neither will be successful. If it were me, I would re-list the same D's from 2001 on the next SSA, ignoring the possible duplication. BTW, since mergers are involved, is it possible that a changed EIN is the "culprit"?

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use