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Message Boards Digest

April 12, 2021

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

kmhaab created a topic in Retirement Plans in General

Individually Designed Plan Restatement Requirement?

"Is an individually designed 401(K) plan still required to be restated every 6 years? If it has been timely amended as required? I understand the requirement to request a new determination letter has been eliminated and my interpretation was the restatement requirement was eliminated as well, but a client's record keeper is advising them they must restate."

1 reply   |    34 views   |    Add Reply

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

Code Section 4960 Applies to ESOPs?

"Does the 4960 tax to excessive compensation paid to executives apply to the executives of a company that is 100% owned by an ESOP?"

2 replies   |    36 views   |    Add Reply

HarleyBabe created a topic in Defined Benefit Plans, Including Cash Balance

Overfunded DB Plan -- How to Find a Company to Acquire?

"We currently have a company that has an overfunded DB plan that is terminated. He is looking to sell the business and with the overfunding and I'm wondering if anyone here has info on companies that purchase these. I know they're out there, but I don't know where to look."

0 replies   |    28 views   |    Add Reply

HarleyBabe created a topic in Operating a TPA or Consulting Firm

TPA Needs Support Staff On and Off -- Thinking About Using Contract Employees

"I'm looking for just some support staff contract employees for data entry and entry level tasks remotely but not full-time. Am I missing something in the job postings section where I could find them or is there another good resource for this for folks with some retirement plan very basic experience?"

3 replies   |    54 views   |    Add Reply

DaddyRabbit created a topic in 457 Plans

Single Plan Document for 457(b) and 401(a) Plans?

"I have a new governmental client that sponsors a 457(b) plan and a 401(a) plan. To my surprise, these two plans are contained in the same document. Is that allowed?"

2 replies   |    38 views   |    Add Reply

Here are the most recently posted jobs on EmployeeBenefitsJobs.com, a service of BenefitsLink:

View job as Sr. DB Plan Administrator

Sr. DB Plan Administrator  View details

Nyhart, part of FuturePlan by Ascensus
Telecommute / CA

View job as ESOP Administrator

ESOP Administrator  View details

Blue Ridge ESOP Associates
Telecommute

View job as 401(k) Plan Administrator

401(k) Plan Administrator  View details

Blue Ridge ESOP Associates
Telecommute

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