Prototype Docs for Tiered P/S Plans

[Guest SPollock]

Are there prototype documents available for Tiered Profit Sharing Plans and if yes, who can provide them? Thank you!

------------------

[Ervin Barham]

Technically, there's no such thing as a prototype for tiered plans since they are treated as individually designed plans for IRS.

However, most document providers, such as PPD, Datair, Corbel, etc., can provide you with a document that looks and feels like a prototype.

I don't know exactly your situation, so you may wish to search this site elsewhere to look at advertisers who can provide you with a document if you are looking for a document for your clients.

If you are looking to set one up for your company for its plan, there should be many administrative firms in your area who can help you with this.

I hope this helps.

[Guest GG]

Volume Submission plans do exist. Right now the IRS is evaluating to permit the use of a Cross-Tested prototype. Let's cross our fingers.