Paired Plan - Form 5307

[retbenser]

Plan document was established in 2005 as a Master Prototype (Fidelity) with an Opinion Letter

On Form 5307

(1) Line 3(f) Has the plan received a "determination letter"?

Question: Is the answer YES since there was an "opinion letter"? Or is it NO because an "opinion letter" is not a "determination letter"?

(2) Line 9(a)- If you answer YES, you are required to attach a statement. In the statement, you are requried to state if the plan is PAIRED. And if PAIRED, you are required to provide "LETTER SERIAL NUMBER of the PAIRED PLAN.

Question 1: What is a PAIRED PLAN?

Question 2: If paired, where do you get the LETTER SERIAL NUMBER of the paired plan?

Thanks for all responses.

[John Feldt ERPA CPC QPA]

According to a conversation recently with an IRS agent, a plan that only has an opinion letter is not considered as having a determination letter for purposes of completing Form 5300/5307.