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Posted

What are people experiencing? Have a couple that are at 6 months now with no response.

I'm addicted to placebos. I could quit, but it wouldn't matter.

Posted

Response time is very slow now--6 months and more. But, it's picking up.

Posted

We have a John Doe that's almost a year old.

Posted

My response related to a simple Appendix F (interim amendments)--in some instances, it even took 3-4 months to get the Acknowledgment returned. I suspect that the more complicated submissions are taking considerably longer.

  • 1 month later...
Posted

five months for simple failure to make required minimum distribution to one participant.

  • 1 month later...
Posted
My response related to a simple Appendix F (interim amendments)--in some instances, it even took 3-4 months to get the Acknowledgment returned. I suspect that the more complicated submissions are taking considerably longer.

We just sent in a bunch of our plans to VCP in late January, 2011. For most of them, there were only 1 or 2 failures, just timeliness things. We got compliance statements back within a couple of weeks. I was just as surprised as anyone.

On that topic, we also submitted our restated Plans to the IRS Determination Letter people at the same time as we submitted to VCP. Now that we've received compliance statements back from VCP, do you feel it would be wise (or necessary) to send the compliance statement to the IRS Determination Letter people? I haven't found anything that says it's required (doesn't mean it's not out there), but I'm wondering if it would be helpful at all.

Thoughts?

You cannot bash in the head of an American citizen without written permission from the State Department.

Guest Sieve
Posted

If you made separate submissions to VCP & for an FDL, then either the FDL reviewers will receive some confirmation of the issuance of a compliance statement, or else they will ask you why the amendments are delinquent. If the latter, you can send them the compliance statement. But, right now, I wouldn't send them anything.

I do know that when the VCP & FDL are filed in a single filing sent to VCP (i.e., not filed separately), the FDL reviewers apparently receive some kind of internal confirmation of the issuance of the compliance statement--I say that only because I've filed that way and never have been asked for a copy of the compliance statement before the issuance of an FDL.

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