Qualified replacement plan related - QRP - excess assets for charitable organizations

Hi

I am pretty sure the answer is no but wanted to see if I missed something here.

A QRP with excess assets from a terminated DB plan which is allocated every year to the plan participants as PS allocation.

The plan sponsor wants to make a contribution/donation to a charitable contribution using some of these assets that are in a suspense account.

As far as I know, these kinds of contributions can only be made from IRAs.

Just wanted to check and see if anyone has a comment on this.

Thank you

I don''t know of any provision in the code that would let you use a Plan suspense account that way in a QPR or any qualified plan.

It seems to me that would be a violation of the exclusive benefit rule. Any use other than providing benefits to participants and their beneficiaries, or defraying reasonable costs of plan administration, is not allowed.