"If there is a participant (or even employee) who terminated in 2020 with zero balance, should they be reported on the 8955-SSA after receiving a corrective QNEC deposit in 2024? Should they be reported at all? Form instructions reference when the participant separates from service -- [1] some of these employees were never participants and [2] they did not have a balance at the time they terminated so I don't think filing amended forms make sense either. Logic makes me want to report them code A so there is reporting of a remaining balance, but I know logic doesn't always apply."

"We have a Cash Balance Plan that terminated in 2023. The bulk of the distributions were completed by 12/31/23, with a few finalized in 2024. All of the 2023 distributions were reported on the 2023 Form 5500, but it turns out 3 checks get returned as undeposited and the money was back in the account as of 12/31/24 (it is the only money that is sitting there, totaling under $3k). So how do we handle that in terms of the Form 5500:

1. Do we have to show it on the Form 5500? The participants were sent 1099-R for the distributions in 2024 (for 2023) and it was already reported as distributed on the Form 5500?
2. If we do have to report it on the Form 5500, how is it shown as coming back into the Plan? It's not really a contribution....
3. If a Form 5500 is required, is a Schedule SB also required? Or is it just the SF at this point?

This isn't a situation I've run into before. The Plan is to have the money rolled into an IRA on the participant's behalf by 12/31/25, but trying to handle the '24 Form 5500 first."

"Can a DB plan sponsor in the LA fire disaster area still satisfy 2024 minimum funding and get their 2024 deduction for contributions made 9/16/25-10/15/25?"