Nicholas Pension Consultants
Nova 401(k) Associates
Compensation Strategies Group, Ltd.
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|Excess DB Assets, Seven Years of Transfers Is Up, But Funds Still Remaining. Now What?|
BenefitsLink Message Boards
Aug. 12, 2021
"Sponsor had excess DB assets and moved to a QRP in a suspense account. We have been transferring roughly $50k a year (whatever the 415 max is per year). 2019 was the 7th year. There is still about $180,000 left in the account. What happens to those funds?"
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