Miscellaneous
How much is maximum DFVCP fee for a small filing?
What is $750.00?
What is the form used to extend the Form 5500?
What is the 5558?
This report is checked by AMs every Thursday.
What is the Late Payroll Uploads Report?
A type of Profit Share that takes into account Social Security paid in by the employer
What is Integrated?
This is the maximum loan term limit.
What is 30 years?
This is when the Plan receives their new ERISA Bond.
What is at the time payment is received?
What is a higher priority? AM Introductions or Answering the Phone?
What is AM Introductions?
What type of employer contribution requires no participant deferrals?
What is Non-Elective?
1974
What is the year ERISA was established?
When a source correction is sent to Nick and Josh, this is where you save the email to the server.
What is the process called when a Plan switches contracts within TRS?
What is an Internal Conversion?
When 60% of the Plan Assets are held by the Key Employees, the Plan is considered to be...
What is Top Heavy?
This type of Paystart integration provides information form Transamerica to the payroll provider.
What is 360 integration?
This item is required to be sent to participants from the Sponsor when an amendment is made.
What is the SMM (Summary of Material Modifications)?
Why can you not remove EACA mid-year?
What is because of the 90 refund window?
$130,000
What is the amount used to determine HCEs?
What is another reason why a Plan would have an EACA besides the 90 day window for participants to get a refund and increase participation?
What is the relaxed deadline for corrective distributions which is June 15th?
At this point the Audit Firm can begin selecting the samples.
What is when the data is reconciled?
Why is excise tax applied to lost earnings?
Because it is considered a loan to the Plan and a prohibited transaction
These two types of Profit Share automatically satisfy Safe Harbor standards.
What is Non-Integrated & Integrated?