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Failure to Update Plan for Many Years


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Posted

Prototype plan has not been updated for years (presume GUST and EGTRRA have been missed). Very few participants. Sponsor wants to fix.

Couple of questions:

1. Is sponsor going to be required to adopt a GUST restatement and then an EGTRRA restatement, or is it enough to do an EGTRRA restatement as part of VCP?

2. Is there some particular guidance for this situation? (multiple missed amendments) I don't recall seeing it, but may have missed it.

If there are other threads dealing with this, I'd appreciate direction to them.

Thanks

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