Message Boards Digest

June 5, 2018

Here are the most recently added topics on the BenefitsLink Message Boards:

Author's photo

Chippy created a topic in Cross-Tested Plans

Which Actuarial/Mortality Table to Use for Cross Testing

I have always used the UP-84 mortality table when doing cross testing on a New Comp Plan. My plan is failing the average benefits test slightly (69.89%). The administration system I use includes a table called 2017 417(e)(3). If I use that table, the Average Benefits test passes (70.20%). The plan document doesn't say which table to use. OK to use the 2017 417(e)(3) table?
Number of replies posted  2 replies      Number of times viewed  66 views      Add Reply

ASC CE Credit Webcast: Cash Balance Plans

Sponsored by ASC
Cash balance plans are a popular plan design option for defined benefit and defined contribution practitioners. Join us for a discussion of how cash balance plans can be used to substantially increase retirement benefits for designated employees.
Author's photo

ldr created a topic in Retirement Plans in General

Account Balance Is Less Than Cost of Processing a Distribution: Forfeitable?

We have a partial plan termination of a pooled profit sharing plan where 69 our of 76 participants have balances under $5,000. 13 of them have less than $200. Our office uses a popular distribution company that charges $35 per person to prepare a distribution. They do the 1099-R at the end of the year. We also charge a fee on a sliding scale for processing distributions, although for balances under $200, we usually do not charge. In this case, we may need to charge something if we have to invest a lot of time in hunting missing people. That issue aside, for 8 of the 13 people, there isn't even enough money to pay the processor's $35 fee. My question is this: are these little balances considered "de minimis" amounts and can they simply be forfeited? Or must the employer pay the $35 per person so the distribution company can cut a check for as little as $4.26 up to $179.02?
Number of replies posted  1 reply      Number of times viewed  51 views      Add Reply
Author's photo

Mgh48 created a topic in Distributions and Loans, Other than QDROs

Two In-Service Withdrawals Per Year: Reduce to Only One?

I know that in-service withdrawals are a protected benefit, but what about limitations on such withdrawals? For example, a participant is allowed only 2 withdrawals per Plan Year. Would this also be considered a protected benefit? Or would this be an administrative election?
Number of replies posted  2 replies      Number of times viewed  55 views      Add Reply, Inc.
1298 Minnesota Avenue, Suite H
Winter Park, Florida 32789
(407) 644-4146

Lois Baker, J.D., President
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager

Copyright 2018, Inc. All materials contained in this mailing are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.

Links to web sites other than and are offered as a service to our readers; we were not involved in their production and are not responsible for their content.

Unsubscribe | Privacy Policy