finding a prototype plan document for a simple 127 tuition assistance

[Guest charna]

our small firm has employees interested in a 127 plan. we have a 125 cafeteria plan and 401k/profit sharing, but none of these administrators or plan document providers provide prototype plans. employees are simply seeking to gain tax free status for their qualifying tuition expenses. no employer contributions will occur. the employer is willing to administer and file the 5500 to support these student employees. any suggestions on where i can obtain a plan the irs has already seen and approved so i can avoid the time involved in "starting from scratch"?

[Theresa Lynn]

Because IRS does not have a prototype or similar program for reviewing educational assistance plans or tuition reimbursement plans, it is unlikely you will find a provider that has obtained any rulings on their model plan. (Although Section 127 is not listed as a "no rulings" area.) You might look at RIA's Checkpoint (its WEB/online publication) or its Benefits Coordinator (a print publication) for model plan documents that you can modify to suit your needs. Both publications include sample plan documents for both types of plans.