Error On SB, Line 38b

[Andy the Actuary]

I'm unsure whether age, government regs, or all have confused me.

Facts:

2013 minimum contribution = 390,000

FSCOB applied = 138,000

Net Minimum = 252,000

PV of Contributions made = 254,000

Excess contributions = 2,000

Relius calculation shows 611 on 38(b). I believe the entire 2,000 should be adjusted at MV interest rate.

Any comments?

[FAPInJax]

There must be some 'missing' information to arrive at the 611. I am not sure what it is since all the numbers are even except for the final results (perhaps the use of the balance was not on the valuation date?). However, I would agree based on the information provided that the answer would appear to be 2,000.

[Andy the Actuary]

Not at office. My apologies. 611 was what showed up in 38b. I rounded my numbers. I'll send you the actual numbers later. Is 38b calculated br Relius or just an errant number that found its way as an entry? I will allow for the possibility that I somehow entered it. Back to you later. Thamks for prompt response. AtA

[Andy the Actuary]

I am convinced that SungardRelius did not enter 611 that I must have. From best I can see, it doesn't appear SR even calculates line 38B.

My apologies.