Belgarath Posted March 31, 2017 Posted March 31, 2017 Just curious - since I haven't been involved with many plans where restructuring has been used for a plan that otherwise fails Average Benefits Percentage Test, I don't have a solid frame of reference. For those of you who have done a lot of it, it seems like much of the time it just won't work anyway. Is that a fair statement? Or do you find that (much, most?) of the time it does work? Obviously it works sometimes - just had one that worked nicely, but that may just be good luck with a particular population.
Tom Poje Posted March 31, 2017 Posted March 31, 2017 tough call, if you fail the avg ben pct test. I guess it depends on why. if it is because a young son received a 3% shnec then I would guess it is probably easier to pass than other scenarios. I suppose the hardest part is to get your software to produce such results in some way shape or form.
Bird Posted March 31, 2017 Posted March 31, 2017 Quote if it is because a young son received a 3% shnec then I would guess it is probably easier to pass than other scenarios. Yeah that is the typical scenario, or some other young HCE. We do the testing in a spreadsheet and if you look at the EBARs you kind of get a feel for when it might work. Ed Snyder
BG5150 Posted March 31, 2017 Posted March 31, 2017 1 hour ago, Tom Poje said: I suppose the hardest part is to get your software to produce such results in some way shape or form. Relius and divisions, FTW. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Mike Preston Posted March 31, 2017 Posted March 31, 2017 I do my testing on a spreadsheet that has an indicator, by participant, for "Plan" code. It then has a filter code so that the testing internals are ignored (but not the body counts) for everybody who doesn't match the "Plan" code of the filter. Change filter to "1"; change testing method to "Test on benefits", print; Change filter to "2", change testing method to "Test on contributions", print. Easy, peasy.
Belgarath Posted April 4, 2017 Author Posted April 4, 2017 Relius and divisions, FTW PS - BG, what does the "FTW" stand for? I'm sure it will be painfully obvious once you tell me...
BG5150 Posted April 4, 2017 Posted April 4, 2017 3 minutes ago, kcbirm said: For the win? this QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Tom Poje Posted April 4, 2017 Posted April 4, 2017 oh, I thought you were commenting on any of my posts Faulty Tom Wisdom.
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