New 5307 Form

[Guest igglesfan]

Has anyone taken a look at the new 5307 form? We're starting to get our process going because we've start EGTRRA restatement. In particular, if a plan is filling in 5307 and is an ADP/ACP safe harbor plan, there's no spot anywhere on the form to mention it. For example, page 2 asks if the plan has 401(m) match. If the plan had no 401(m) match but had a safe harbor match would we check no here?

Thanks for the help.

[J Simmons]

Yes, you do check that the plan with a match is a 401(m). ACP or safe harbor are methods of showing that the 401(m) feature of your plan is nondiscriminatory--either way, it is yet a 401(m) plan.