Message Boards Digest

July 1, 2021

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

BG5150 created a topic in 401(k) Plans

Tiered Match Based on Compensation?

"Could a sponsor add a match that varies with compensation? Something like:

Comp $1 to $30,000 match 100% deferrals

Comp $30,001 to $50,000 match 80% of deferrals

$50k to $100k 70% match

$100k+ 50% match

And maybe cap some of the higher tiers, like 70% of deferrals up to max match of $10,000."

4 replies so far   |    Click Here to Add a Reply

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Ellebelle created a topic in Qualified Domestic Relations Orders (QDROs)

In Divorce, Can Court Order 75% of Husband's FERS/CSRS Pension to Wife If Parties Agree on It?

"I read another post relating to a QDRO that said there was no limit on how much of a former spouse's retirement can be awarded in divorce. But it seems that the FERS/CSRS regulations limit the award to 50-55%. Am I correct?"

1 reply so far   |    Click Here to Add a Reply

chibenefits created a topic in Correction of Plan Defects

Retention of Plan Documents

"In the scope of a VCP filing, we are including some non-amender failures for the last two restatements. Has anyone had the experience of the IRS asking the plan to produce documents prior to the ones included in the VCP filing? Is there a rule that an employer must retain a copy of each and every restatement and amendment?

ERISA Section 209 says that the employer must 'maintain records with respect to each of his employees sufficient to determine the benefits due or which may become due to such employees.' For a profit sharing plan that only provides discretionary employer contributions, should we assume that the IRS can expect the employer to maintain a copy of each plan document that was in effect when any current employee participated in the Plan? (And it's a long story as to why we would not just include all missing documents in the filing.)"

2 replies so far   |    Click Here to Add a Reply

TPApril created a topic in Form 5500

SAR Deadline -- 2 Months After 5500 Due Date Even If Due Date Is Federal Holiday?

"So 5500 deadline falls on a weekend and becomes August 2. Would that make filers (without an extension) have an SAR due date of October 2 instead of September 30?"

No replies yet   |    Click Here to Add a Reply

Megandps created a topic in 401(k) Plans

Relius Users: 410(b) Coverage Is Including Terminated Participants with Less Than 500 Hours as Eligible?

"Any other Relius users have this issue? I'm wondering if I have a setting in Plan Specs not marked correctly. When I run the 410(b) Coverage test, Relius is including Terminated Participants with <500 hours as eligible for the test. However I know this group of participants is allowed to be excluded from the test. Am I missing something?"

1 reply so far   |    Click Here to Add a Reply

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

View job as 401(k) Consultant

401(k) Consultant  View details

Creative Retirement Systems
Telecommute / Cincinnati OH

View job as ESOP Consultant

ESOP Consultant  View details

Telecommute / GA

View job as Plan Administrator/ Consulting

Plan Administrator/ Consulting  View details

Associated Pension Consultants
Chico CA / Sacramento CA

View job as Relationship Manager - Trust and Fiduciary Services

Relationship Manager - Trust and Fiduciary Services  View details

Los Angeles CA

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