Fixing Plan Operational Failures

ASC

In this webcast, John P. Griffin J.D., LL.M. will discuss the nondiscrimination testing rules that apply to qualified plans, with a focus on options available for correcting failed coverage and nondiscrimination tests.

Topics will include:

• Calculating corrective refunds under ADP / ACP test, including use of catch-up contributions
• Correcting coverage failures, including the use of cross-testing to correct average benefit test failures
• Improper coverage of employees (e.g., early entrance)
• Failure to use correct compensation under Plan
• Correcting improper ADP refunds
• Ineligible catch-up contributions permitted
• Failure of related employer to properly sign a participation agreement
• Correcting late deposits

Presenter: John Griffin, J.D., LL.M.

Continue by clicking on the following link:
https://www.asc-net.com/training-ce-webcasts/continuing-education-webcasts/webcast-data-detail-page/?id=a0a2T00000OsyYMQAZ&SourceID=7012T000001Yn5IQAS