Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Report of EPCU Completed Project: Partial Termination/Partial Vesting
Internal Revenue Service [IRS] Sept. 29, 2016
"Over a span of 3 years, nearly 2,000 letters were sent. Approximately half of the contacts were due to errors on the Form 5500 return.... Taxpayers made errors in participant counts. Also, a significant number of plans had fully vested all their participants as a result of a partial termination but it was indicated on their Form 5500 that there were participants who were not fully vested. The plan administrators misinterpreted the Form 5500. They counted eligible participants who chose not to participate in their 401(k) plan as not being fully vested."
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