Spinoff Plan Enrollment Forms

[AbsolutelyOkayPossibly]

Enrollment forms are often plan specific. If a spinoff plan is created should new enrollment forms be obtained from all employees because the regulations say so or is this more a policy decision that can be established by the plan fiduciary?

[Luke Bailey]

In the past I have put provisions in the spinoff documents themselves (e.g., board resolutions and/or plan documents) that state that the existing enrollment and beneficiary designation forms will be assumed by the spun off plan until new are obtained. Never had a problem with that. Needs to be communicated to the participants of course.