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Message Boards Digest

April 26, 2019

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

RandyW created a topic in Retirement Plans in General

Proposal Software for Comparing Contribution Allocations

Trying to learn what software providers are available to import client census and produce a side-by-side comparison of contributions to participants based on plan and contribution types for use in proposals. Have already found one with EBG Systems that I haven't reviewed yet, and also one for a Pension Online, that I signed up for a 14 day free trial. Does anyone know of others used, and which ones are the most preferred based on ease of use, most features, and lowest costs?
Number of replies posted  2 replies      Number of times viewed  46 views      Add Reply

Cobras59 created a topic in Retirement Plans in General

Self-Employed Profit Sharing Calculation; Integrated with Social Security

I have a one owner company with K-1 income and the CPA is calculating the maximum that can be contributed on the IRS SEP/401K worksheet. The Plan document says that the contribution is integrated with SS at 100% of the TWB, 4 tier. There is one non-owner is under the SSTWB. When calculating the contribution for integration, can the contribution percentage to the non-owner be less than what the maximum that owner's contribution calculation is? For example, owner's maximum contribution calculated is $29,000, which is 20% of his net earned income. The employee is getting 6%. Is that allowable?
Number of replies posted  9 replies      Number of times viewed  96 views      Add Reply

Stash026 created a topic in 401(k) Plans

Definition of 'Actively Employed'

The Plan states that an "actively employed" participant is eligible for an in-service definition once every 12 calendar months. If the employee is currently out on disability, would he/she still be classified as actively employed (assuming they are expecting to return to work)?
Number of replies posted  1 reply      Number of times viewed  44 views      Add Reply

Chani Atreides created a topic in Qualified Domestic Relations Orders (QDROs)

Complicated QDRO Situation

The series of events is as follows: [1] the parties divorce, [2] a QDRO is filed with the court, [3] the parties re-marry each other, [4] participant dies, [5] widowed alternate payee submits QDRO to the Fund for the first time after his death. My only question is: does the existence of a valid QDRO nullify the J&S benefit to the AP? Does she get both?
Number of replies posted  1 reply      Number of times viewed  44 views      Add Reply

CBenefits created a topic in 401(k) Plans

HCE Determination During Year of Plan Sponsor's Acquisition

We had a company acquire another in 2018 and they both maintain separate plans. They now are a controlled group. The one that acquired the other utilizes top-paid group while the other plan does not. I know we are supposed to be uniform in how these are tested but wasn't sure if it's okay to test separately during the acquisition year.
Number of replies posted  0 replies      Number of times viewed  18 views      Add Reply
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