What happens if ...

[Kimberly S]

A client called with a bizarre situation. It seems they thought they had terminated our services and moved their plan to another provider in 2006, although we have no record of such a request. Apparently they now have assets with 2 providers and they are not clear if they have 2 plans or if the new provider restated our plan and just dropped the ball on transferring the assets.

The EFAST hotline shows receipt of the 2006 5500 for plan 001 and nothing for a plan 002. FreeERISA shows the form that we prepared for 2006 and nothing else. If the new provider prepared a form for the assets they hold using plan 001 that the client filed along with the one we prepared using plan 001 for the assets that we hold, would both of them show up on either EFAST or FreeERISA?

[PAL]

I've had them replace one 5500 with another where then same EIN was inadvertantly used twice.