"Does anyone know how to get the 5500 participant count out of reports on Amer funds Plan Premier? If so what is the report name? My client has a census of 5000 rows+ which includes a couple hundred duplicate rows because employees start and stop at different divisions (McDonalds franchises.) We can't reasonably combine wages, deferrals, hours and pick earliest DOH and latest DOT etc to get it to load correctly into Relius. If we could, Relius would provide the participant count. I phoned Amer Funds who really can't help. I asked them what would they do if this were bundled and they had to do the 5500? I know they have the data as the plan sponsor provide a full census file every pay period combined for all divisions. Just struggling with this. I think I can get close by sorting data exports by who has a balance and is not terminated, etc. Not sure I can get everything though. Fortunately it is safe harbor match, no profit sharing. I will probably ask the advisor to take it bundled for 2024 -thinking ahead about LTPT."

"I have a takeover profit sharing plan. The owner turned 72 on 12/31/22 and did not take the RMD. My understanding is he should have taken the distribution by 4/1/23. Can someone please explain the consequences of not taking the RMD by the required beginning date and how to best remedy the situation?"

"A participant in our ESOP got re-married in July and, with intention, sent in a new beneficiary designation form listing an adult child named as 100% primary in June. Now that they are married, does the date on the beneficiary form trump the spousal rights under ERISA?"