MEP Schedule SB for the plan

[mattmc82]

So with a Multiple-A type plan, you file a SB for the plan (computing the entries as a sum of the individual amounts for each employer) and just attach an SB for each employer.

Seems simple enough, but what to do about effective rate and ROR?

Or is a better question, does it even matter?

thanks

[Andy the Actuary]

Since you are talking about a post-88 Multiple Employer Plan, you would treat each employer as maintaining a separate plan. This would mean as you implied that effective rates and ROR would be separately determined. This means, in particular in respect of effective rates, that there could be a lot of variance.

[mattmc82]

Right, which I expected for the attachments. I was just curious what others were doing for the SB that is filled out as a "sum of each plan". I assume its reasonable to average the rates and override the credit balance. Down the road the AFTAPs could differ as well.

As far as the instructions to

Complete a Schedule SB for each employer showing information relative to that employer’s portion of the plan, and submit them as an attachment to the Instructions for Schedule SB (Form 5500) -2- Schedule SB for the plan. Label the attachment “Schedule SB – Information for Each Individual Employer.”

how are you handling the attachments? Are you attaching forms with cover sheets or just attaching the applicable information to a generic attachment?

much appreciated!