Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Compass
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IRS Exempts Some Small Employer Plans from User Fee for Determination Letter Applications
HR Daily Advisor Jan. 27, 2017
"Effective January 1, 2017, the [IRS] ... said that to simplify eligibility for user-fee exemptions, an application for a determination letter related to a pension, profit-sharing, stock bonus, annuity, or employee stock ownership plan (ESOP) maintained by a small employer will be treated as being filed within a qualifying open remedial amendment period if the plan didn't exist before January 1 of the 10th calendar year before the year in which the application is filed.... Small-employer plans are defined by the IRS in the notice as having no more than 100 employees."
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