"We have a new plan we are setting up as profit sharing only in 2025. They will be adding deferrals/SH Match effective 1/1/26. In an effort to stream line things, can we add this in the initial Plan document (indicating that the CODA portion isn't effective until 1/1/26) or do we need to do a separate amendment to add this?"

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"Curious as to what your method is for when a participant changes an address. What method are you using for confirmation? Sending via email or regular mail and to both old and new addresses? And, are you implementing a waiting period for taking a distribution after an address change?"

"When filing the 5500 forms on behalf of a client with the esigner authorization signed by the client, does the 5500 form need to be a wet signature? I have attended many podiums where it was ok thru DocuSign or something similar. Someone I am dealing with is insisting on being wet which I do not think it is correct? Also, looking at a possible takeover where the actuary signature on SB is electronic. I thought SB's has to be wet signatures."

"A governmental 457(b) plan excludes from participation employees regularly scheduled to work fewer than 36 hours per week. The plan also provides that an employee will enter the plan on the first day of the calendar quarter next following the later of the employee's (i) completion of 6 months of service during which the employee is regularly scheduled to work at least 36 hours per week, or (ii) attainment of age 21. Anyone see a problem with these eligibility and entry date provisions? Also, must a governmental 457(b) plan allow long-term part-time employees to make elective deferrals? How, if at all, might state law (specifically, Colorado's) affect the answer to these questions?"

"What are the penalties if someone can't fund their minimum contribution? It's been awhile since I've been in this situation, so I wanted to be sure what we were looking at."