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Message Boards Digest

April 16, 2019

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

Kal created a topic in Multiemployer Plans

Central States Pension Plan: Partial Withdrawal Followed by Complete Withdrawal

Employer has partial withdrawal from the Central States multiemployer pension plan, followed two years later by a complete withdrawal. In calculating liability under the partial withdrawal, Administrator included 2007 and 2008 in the calculation. Upon the complete withdrawal two years later, the actuary is still including 2007 and 2008 contribution & UVB in the calculation. Shouldn't the "first 2 years" drop off when calculating the "complete withdrawal"?
Number of replies posted  1 reply      Number of times viewed  31 views      Add Reply
 
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PensionPro created a topic in Correction of Plan Defects

Any Way to Get Lower VCP Fee at This Point?

We submitted an anonymous VCP application in 2017 when the fee was $10,000. Under the latest procedure, the fee is only $3,500. Any way to apply the new fee schedule? The VCP process is ongoing.
Number of replies posted  1 reply      Number of times viewed  39 views      Add Reply

khn created a topic in 401(k) Plans

Notice Required When Adding a New Fund to a 401(k) Lineup without Mapping Any Assets to It?

Is there a 30-day notice requirement for simply adding a new fund to a 401(k) lineup, not mapping any assets to it?
Number of replies posted  2 replies      Number of times viewed  24 views      Add Reply

Theresa created a topic in 401(k) Plans

Adding Safe Harbor Non-Elective Contribution Provisions to Existing 401(k) Plan

We have an existing 401(k) plan that wants to add a SHNEC. Can this be done mid-year? Or instead can it be done only as of the first day of a plan year?
Number of replies posted  4 replies      Number of times viewed  57 views      Add Reply
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