Jump to content

Recommended Posts

Posted

SS-4 for a plan listed plan name as "ABC Defined Benefit Pension Plan and Trust".  Adoption Agreement mistakenly showed plan name as ""ABC Defined Benefit Pension Plan and Trust"".  Plan is a couple years old and our actuary caught the mistake.

What is the best way to resolve this?  Would it be appropriate to do a retroactive amendment to correct the original documents?

Posted

Sorry, I cut and pasted and forgot to edit the second version.  SS-4 says "ABC Defined Benefit Pension Plan and Trust", while the AA says "ABC Defined Benefit Plan and Trust"

(I said it was a MINOR error)

Posted
1 hour ago, Cynchbeast said:

Sorry, I cut and pasted and forgot to edit the second version.  SS-4 says "ABC Defined Benefit Pension Plan and Trust", while the AA says "ABC Defined Benefit Plan and Trust"

(I said it was a MINOR error)

Which one is it supposed to be?  If the SS-4 is what is wanted (which is what I would want), then do a simple amendment (one page) to change the name to include Pension.  No big deal.  If you want what the document says, ignore it because the only thing that matters with the SS-4 is the actual tax ID number which I assume is correct in both places.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use