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BenefitsLink® Message Boards Digest

October 9, 2024

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

BG5150 created a topic in Form 5500

Wrong Plan Name on 5558

"Plan name is different than employer name. But we filed the 5500 with the ERs name as both the ER and plan names. For example: Employer: Connecticut Fencing Company Plan name: Fences 'R' Us 401(k) Plan 8955 filed with plan name: Connecticut Fencing Company 401(k) Plan EIN and PN are correct. Will we have a problem? Software is giving me a warning."

4 replies so far   |    Click Here to Add a Reply
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metsfan026 created a topic in 401(k) Plans

Signing Form 5500

"I have a few clients that don't want to log in and electronically sign the forms themselves. What steps do they need to take to authorize me to sign the forms (with my name) on their behalf?"

3 replies so far   |    Click Here to Add a Reply

RPP2001 created a topic in Form 5500

5500 MEP Schedule 'Other' Blank in Part I Describing Type of MEP

"For plans that are MEPs because the employers are related in a way but do not fit together as an affiliated service group or controlled group, what wording should be used for the blank on the new MEP Schedule in Part I1(d)? Derrin Watson has described these employers as 'kissing cousins' and of course, we wouldn't use that unofficial terminology, but, we want to make sure to use appropriate wording. What is everyone else using? I do believe it at least needs to mention 'defined contribution plan'."

2 replies so far   |    Click Here to Add a Reply

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