Orphan Money Purchase Plan

[cs771]

We have a situation where the facts are that there is a single person money purchase plan established back in the early 1970's. Participant properly contributed to the plan during that time until his death in 2008. His wife is the sole beneficiary. Upon review of the plan, it was discovered that it was never properly amended since its initial establishment. The plan also failed to file Forms 5500-EZ once it reached the asset requirement. The participant also missed one RMD in the year prior to his death. What do you recommend to shut this plan down? Prepare all the amendments since the 70's, file under the late amender, make the proper RMD distribution, then file a request to terminate? The only thing that has been done is the late Forms 5500 were filed. The spouse wants to receive the money as soon as possible and we are trying to move forward.

Any suggestions would be greatly appreciated.