TIN obtained before plan is set up

Hi

This is a new one for me.

Did a proposal for CB plan however, they went ahead and obtained a TIN (already have an EIN) with the plan name XYZ DB Plan.

Is the TIN valid? Still need to do the CB plan and would look funny with DB name.

Please let me know your comments.

Thank you

Aren't all cash balance plans defined benefit plans? I wouldn't worry about it too much.

But it would have been easier to just name it XYZ Retirement Plan.

Yes they are but the fact that they obtained a TIN before plan was established,is that even valid?

One can name the plan anything they want but still calling it a db plan when it is abc plan?

Thank you for your input 

As long as the date the plan started that was on the SS-4, I don't see the issue on the timing.

If the plan you're creating is actually a 401(k) instead of a cash balance, then I would see a problem with the DB name. For a CB plan, I don't. If it's a big concern, change the name of the trust with the IRS.

Hi Bill

The plan's effective date is prior to SS4 but execution date is after the TIN was obtained.

It is not a concern to change the plan name, just seems odd.

Take care and happy Thanksgiving