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Closing Agreement Submissions


Guest PaulR

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Recently picked up a client who is an ASG that was never identified. Four members of the ASG sponsor qualified plans, the fifth sponsors a SEP. The qualified plan sponsors are submitting to CAP to resolve their issues, is there any relief available for the SEP sponsor? The CAP issues are documents, and 401(a)26 violations for pre 97 years. The employees have always received greater benefits that the sponsors so there aren't any benefit issues. Any ideas?

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