Former Client adopted plan and left

[John Feldt ERPA CPC QPA]

We have a former client with under 10 employees (some HCE, some NHCE), who a adopted a DB plan in December 2004. I've seen the original signed documents. They left us in March 2005, or thereabout. They now have come to us like a prospect and they want to know if we'll help them set up a new DB plan, claiming they never adopted one in the past. I can think of no possible way, ethically, that we can ignore the prior plan and agree to take this on this as a client.

Comments?

[pmacduff]

FWIW - I would think that such an out and out lie as you describe is enough to discourage you from even thinking of taking them on again as a client. I know we would not touch this with a 10 ft. pole in our company.

my 2 cents

[david rigby]

It depends. What did they say when you told them they already have a plan?

[John Feldt ERPA CPC QPA]

The (former) client stated that they decided they didn't want that plan and certainly didn't execute it.

edited:typo

[david rigby]

I've seen the original signed documents.

The (former) client stated that they decided they

didn't want that plan and certainly didn't execute it.

Might be prudent to reconcile these statements. If not, then this may be a client you don't want.