gregburst Posted February 2, 2017 Posted February 2, 2017 I have a large 401k plan that excludes HCEs. I just learned that two years ago (as of 1-1-15) they did some reorganizing and moved about half their employees to a newly-created entity; this new entity was never added to the plan. Yet those employees continued to participate in the 401k plan. It seems the logical fix would be to amend the plan to add that new entity as a co-sponsor. But obviously the amendment is not timely. Which government fix-it program should this be submitted to?
ETA Consulting LLC Posted February 2, 2017 Posted February 2, 2017 A simple VCP submission to the IRS should clean it up. Good Luck! CPC, QPA, QKA, TGPC, ERPA
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