"Hi May be taking over a DB plan where prior TPA is most uncooperative. Client does not have any prior PBGC filings and got a premium payment that seems to be high, according to him. He does not remember what happened in the past 2 years. Like EFAST for 5500SF, is there a way to find a list of prior PBGC filings? Thanks"

"Starting a general discussion rather than a specific question.... As we know returns during 2022 were bad, 2023 is still iffy but not exactly great either....Which means that PBGC premiums for 2024 using a lookback (1/1/2023 for BOY vals and 12/31/2023 for EOY vals) might be a quite unpleasant surprise especially for plans that started 3-4 years ago and are just hitting the "vested" point. So, I am curious what others think about the "opting out of look back": 1) Is it realistic for PBGC to approve? 2) Does the 60 days advance application to PBGC mean October 31st deadline? 3) I realize that for EOY val date it is not practical (valuation results are not available until 2.5 months AFTER the premium is due) however:

1. I believe PBGC filing can be done on an "estimated" basis with the subsequent "true-up". Yes, it is an additional work but might be worth it? Or not?
2. Is it likely to get approved by the PBGC?
3. Has anyone ever done something like this?
4. Are there any other considerations or concerns?

TIA."

"I was married to my ex for 17yrs. A Quadro was filed with his the Plan Administrator in 2014. My ex passed away this year. I was contacted by his Employer's HR department. I was told that I will be receiving a monthly payment, however, I will only receive it as long as his current spouse is alive. I was told she has " lifetime benefits". Is this information accurate? Can anyone tell me why my court ordered QUADRO has anything to do with his spouse being alive? Doesn't seem fair to me. Any thoughts or comments are greatly appreciated."

"Owner-only plan value exceeds $250,000 for the first time as of 12/31/2022. We were asked to do the 5500 in late September. The plan sponsor ( a sole proprietor) had his 1040 extended to 10-16-2023. So we marked the 5500-EZ "Automatic Extension." There was no 5558 filed before July 31, 2023. It seems dubious the IRS would just trust that this 5500 is properly extended since there is no 5558 filed and I'd expect a notice. If there is any question about this, the sponsor could just file under delinquent EZ procedure and pay $500 before the IRS notifies. We've never filed a 5500 under the automatic extension option. I'm probably concerned for no reason right?"