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Posted

plan sponsor approaches me with a plan in which he has not filed 5500s since 2000 and has not done valuations.

plan has close to 400k.

he would like to terminate and rollover into IRA (of course).

he is approaching age 70.

my impression is to file anonymous VCP suggestinig that all prior years' vals and 5500s to be created.

any better suggestions?

thanks

Posted
plan sponsor approaches me with a plan in which he has not filed 5500s since 2000 and has not done valuations.

plan has close to 400k.

he would like to terminate and rollover into IRA (of course).

he is approaching age 70.

my impression is to file anonymous VCP suggestinig that all prior years' vals and 5500s to be created.

any better suggestions?

thanks

Dis-approach the plan sponsor.

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