Jump to content

PBGC form 501 - how to reflect excess assets


Recommended Posts


First time doing a PBGC termination with excess assets being transferred to a qualified replacement plan - QRP. Just cannot seem to figure out the following:

Here is a breakdown

All participants:                          $3,000,000 - all rolled over to the QRP - existing DC plan - not relevant if consensual or not

Excess (overfunded portion):   $   300,000 - transferred to the QRP

Total DB distribution:                $3,300,000 - all to QRP

How do you show the $300,000 on 501?

Thank you

Link to comment
Share on other sites

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...