"I represent a multiemployer apprenticeship fund which leases office space from its building to a union appointing trustees to the fund. From my reading of the 2025 VFCP, it does not appear that the leasing of office space between the union and the fund is eligible for correction under VFCP. Does anyone think differently on this?"

"Hi all, A participant satisfies the eligibility requirements of 21 and 3 months in August 2025. Because of a mix-up at the Plan Sponsor HR's department, they were not provided enrollment materials (SPD & Annual Notice) at that time. This seems to constitute an MDO, with necessary corrections outlined in EPCRS. What if the participant received the enrollment materials well advance of their entry date, say on their date of hire in May. My recollection is that this is permissible, but I know certain other items have a 'reasonable period' defined with 'no fewer than 30 no more than 90 days prior' language. If this is permissible, would this no longer constitute an MDO since the participant received enrollment materials and could have made a deferral election on the Plan's website at any time? Hoping someone can direct me to the governing regs themselves."

"As a non-DC person, I am trying to understand how this works. A 50+ year old sole-prop client (no employees and reading online about it) contributing very large amount into a CB plan and 6% PS plus pre-tax deferral is asking me about restructuring her 401k plan with mega backdoor Roth."

"We need not repeat an observation that there is no such thing as a Solo 401(k) plan. Rather, let's recognize the sales label for what many business people believe it describes: an individual-account (defined-contribution) retirement plan the plan sponsor and its owner expect to use for participation by only one worker, the owner.... Do more users of these plans recognize that, to run a plan without trouble, one needs a TPA's services? Are there many who try to be a do-it-yourselfer (until it fails)? Aside from a failure to file a Form 5500 return, which other errors are detected? Are CPAs and other tax preparers a useful alternative for filing Form 5500 returns? Or, not so much? Beyond a Form 5500 return, what are other failure points?"