"DB plan was covered by PBGC BOY but got an exemption during the plan year, i.e., not covered at EOY. What is the DC deduction limit 6% or 25%?"

"A DB Plan (with employees) did not make the MRC for 3 years and did not file the 5500 as well for these years.

1. Can they/should they first file the 5500 SFs with the DFVCP, even before they have made up the MRC (plus interest) for these 3 years?
2. If they file the 5500, will this be a flag and alert about the missed MRC and therefore should not file the 5500s until they have the money to make up the MRC?
3. Should the 5330 be filed before the 5550?
4. If the 5500 can be filed first showing the missed MRC for each year, how much time do they then have to file the 5330?
5. How much time do they have, after filing the 5500 with the DFVCP, to make up the missed MRC for the 3 years? Meaning can they first file all the 5500s (with the SB each year showing the delinquent contributions), to at least get the 5500s back on track, and then deal with making up the missed MRC and with filing the 5330?"

"I should know this -- but, a plan participant in a 401k plan took a full distribution in February as she was a terminated participant then. She is returning to work now and wants to return the funds to her NW account. She was 100% vested. Is this possible?"

"I am wanting to know what I need to look at in terms of documents, rules, etc on this question. A participant died with an outstanding loan. Her husband is her bene and he also works for the same company. He wants to repay the loan so it does not become taxable. The recordkeeper is telling him he cannot repay it. I am not sure what is the basis for the recordkeeper not allowing this. Should the bene be able to repay the loan? What would legally prevent him from doing so?"

"A young plan participant wanted to take a loan from the plan. Unfortunately, the plan does not allow loans. He then asked if he could take a hardship dist. Yesterday I spoke to my contact at the business who explained the situation. This mid 30s guy was raised by his grandparents. His grandfather has since passed and now it is just he and his grandmother. Sadly, she has dementia (giving away her monthly SS check $, must be with someone 24/7). This young participant is in the process of legally obtaining conservatorship but as it stands right now, she is not his dependent. Does that matter? There certainly is a paper trail of him caring for her. Anyone see an issue here allowing a hardship dist?"