Terminating a 501c3 457b

[austin3515]

Assuming the top-hat exemption was filed with DOL when the plan was established, is there a requirement to notify them of a termination?

Any sites on this would be tremendously appreciated...

[EBECatty]

Not a cite affirmatively saying "no filing is required" but 29 CFR 2520.104-23 says a top-hat plan "shall be deemed to satisfy the reporting and disclosure provisions of part 1 of title I [of ERISA]" if the plan sponsor files the required top-hat letter with DOL and provides plan documents to DOL upon request. 

[Bob the Swimmer]

no requirements I am aware of---remember that DOL's online registration filing only began a couple of years ago--I had several of the first 20 filings with them. Before that, my sources told me they were housed in a warehouse someplace and not really reviewed.

[austin3515]

Whoa...  on line filing process?  Can you tell me more? I’m still mailing paper...

[Bob the Swimmer]

Sure--it's on the DOL website and they send you a confirmation of the receipt of your

exemption certificate--the exact same requirements for the paper filing. 

[XTitan]

20 hours ago, austin3515 said:

Whoa...  on line filing process?  Can you tell me more? I’m still mailing paper...

https://www.dol.gov/agencies/ebsa/employers-and-advisers/plan-administration-and-compliance/reporting-and-filing/e-file/tophat-plan-filing-instructions

"Enjoy"