"Client has 105 account balances (125 participants) at the beginning of the plan year. I am assuming we can use the 80-120 rule to continue filing the 5500-SF until the number of account balances exceeds 120 as of the beginning of the plan year."

"We just finished a brutal plan conversion. The plan was on Guideline and went to accrue during our blackout. All of the conversion assets were sitting in cash for 31 days, which is absolutely unacceptable to me. For those who are more familiar with the recordkeeping side, could you help me understand how this could happen? The RK said they didn't have all the conversion files, blah blah blah. 1) How many plans are converted in kind vs sold ->Wire->Reinvest? -And why aren't all plans in kind? 2) What can I do in the future to prevent this from happening? Just send the RK daily emails asking for updates when money is in motion?"

"2 separate one-person calendar year plans terminated and distributed assets in 2025. Both plans received interest/dividends at the last moment that were not able to be distributed by 12/31/25 and ended up with balances.

• Plan 1 was $0.50.
• Plan 2 was $3,500.00.

Both plans managed to zero out by 1/31/26. Both plans have asked to incorporate those amounts into 2025 distributions with the following implications:

• Form 1099-R's would be amended
• 2025 Form 5500 would be Final

I think we can live with doing that for Plan 1, but Plan 2 is more questionable. We are more comfortable with a 2026 Final 5500 but the client was promised (by the Advisor) that would not be necessary. Just looking for thoughts on whether there is a de minimis for this situation of when to combine it for prior year?"