Lincoln LOD

[PainPA]

We just took over a plan from Lincoln and the assets were transferred to another vendor. The plan sponsor is still using the Lincoln document until later when we restate. I have everything on the document including amendments, AA, SMM, SPD.... but I do not have a letter of determination.

The plan is a standard match plan using Lincolns document.

An employee has left employment and the financial vendor he/she is rolling to wants a copy of the LOD. I said to the finanical vendor that the document is a prototype and did not file for its own determination and is just working off that documents LOD which will not contain the plan sponsors name or address.

The LOD is generic to all who use this. Does anyone have a copy of the LOD face page that can be sent to me?

50237590001-003 Prototype Standardized Cash or Deferred Arrangement

[Guest mainer]

Not sure which Lincoln document you are using so can't verify that it's a prototype. But, you should request a copy of the prior service agreement with Lincoln.

This is standard language in a Lincoln service plan.

"This Agreement shall be terminated or deemed terminated if the Plan Sponsor transfers all Plan assets from a Lincoln Financial Group investment vehicle to another investment provider unless the Plan is excused from this requirement through written consent of an authorized officer of Lincoln. Immediately upon such transfer of all Plan assets, the Plan Sponsor agrees to cease and desist from using a Lincoln Document."