Message Boards Digest

May 13, 2019

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

BG5150 created a topic in Retirement Plans in General

Compensation While an Excluded Employee: Must Count It?

Plan excludes employees who are part of Division C. Employees of Divisions A & B are included. Compensation for each division is tracked separately, though everything is on one W-2. Plans definition of comp is W-2, no exclusions. Several people work for A or B as well as C. Some work for all three. For profit sharing purposes, can/should we exclude the income from C? Example: Employee entered the plan in, say 2014, as an employee for Division A. Jim makes $60,000 for 2018. However, $20,000 was for work he did as an employee for Division C. What is his compensation for PS purposes? $60,000 or $40,000?
Number of replies posted  3 replies      Number of times viewed  47 views      Add Reply

Give Your Plan Participants Peace of Mind for Retirement

Sponsored by International Foundation of Employee Benefit Plans [IFEBP]
Ready or Not: Your Retirement Planning Guide will help employees prepare for a satisfying and comfortable retirement. This book covers a wide range of topics that will help your plan participants feel prepared and confident going into retirement.

thepensionmaven created a topic in Form 5500

5500s Required for Premium-Only Plan?

Ran across a prospect that sponsors a Premium-Only Plan. Accountant says no 5500-SF needed. Is that right?
Number of replies posted  3 replies      Number of times viewed  29 views      Add Reply

MPLSLAW created a topic in Employee Stock Ownership Plans (ESOPs)

Transfer of Profit Sharing Shares (409(p) Protective Transfer))

S Corp ESOP transferred shares for a number of years to profit sharing accounts within the ESOP to avoid a non-allocation year under 409(p). The company revoked the S election early in 2019. Can they transfer the profit sharing shares back to the ESOP? Assume appraised value would be used for the transfers.
Number of replies posted  0 replies      Number of times viewed  11 views      Add Reply

Dave Baker created a topic in How to Use the Message Boards (a.k.a. Forums)

View All Topics Started by a Particular Member, and Topics to Which He or She Has Contributed

Wouldn't it be useful to view all topics started by a particular member, or to which the member has contributed (i.e., added a reply message)? For example, if you find Texas attorney Luke Bailey's contributions to be particularly valuable to you, you can use the message boards search engine to generate a list such as this one (click).

You can get a similar list for any member, use the message boards search engine (the box toward the top left of each page on the message boards, which has an hourglass icon in it, and the word Search...).

  1. Click the word "Search..." in that box
  2. Click the "More Options" radio button
  3. Click Members
  4. Enter the display name of the member that you see being used here on the message boards (sometimes it's a full name, sometimes it's a "handle" of one or more words)
  5. Click the hourglass
  6. You'll get a screen that includes a box with brief bio information about the matching member, with a "Find Content" button for you to click.
  7. Fetch a fresh cup of coffee and begin browsing the accumulated wisdom graciously contributed by that member to the employee benefits community!
Number of replies posted  1 reply      Number of times viewed  32 views      Add Reply

52626 created a topic in 401(k) Plans

Removing True-Up Mid-Year from Safe Harbor Plan

Currently the plan makes all matching contributions each payroll period. But the match as defined in the document is based on annual comp/deferrals -- a.k.a. a true-up. The employer wants to change the match to a payroll period only. No true-up. Can this change be implemented mid-year?
Number of replies posted  1 reply      Number of times viewed  26 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 2019, 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