Misc
This is how you show excess EE contributions
What are liabilities.
SDBA plans with Flow thru accounts. This is the column on the plan totals tab where distributions are shown.
What is Participant Column
Notes and Deeds are promissory notes (outside loans) that are treated exactly like this other type of investment in the plan?
What are participant loans
If you change the names of the participants in this tab it will break the DC template.
What is the contribution recon tab.
Trust or False: For Mater flow thru accounts, you must breakout deposits per payroll?
True
If a plan owns stock outside of a brokerage account, we do not have a value but the stock is traded on the stock market. This is the website you can use to value the stock.
What is BIGCHARTS.com
What is the alternative admin report to use when we need to break out Pre tax vs Roth contributions when they are combined on the contribution recon report.
What is 402(g)
Distribution / Distribution transfer column on per acct tab for Master account – when this total does not equal zero this is typically called what?
What is a forfeiture.
How often is an appraisal needed to value other investments
What is 3 years
This is what you must do with a Master Flow thru that has contribution deposits that come in at the end of the year and are not transferred to the participants.-
What is set up transferers due.
When you have a Master Flow Thru account with prior year transfers due this is the row on the per acct section of the plan totals tab that is used to reflect Prior Year transfers due that were deposited during the current year. -
What is – OTHER (ROW 98)
-If a deposit is made to an Other Investment (or new purchase made) that did not come out of another plan account this is called what.
What is a contribution.
For pooled plans this is what you enter as a negative number on the contribution recon tab in the calculated and the accrual section.
What are forfeitures used.
-When master flow thru accounts have the final deposit that does not get transferred to participant accounts this is what you have to do with these deposits on the contribution recon tab
What is allocate them to the participants.
-To get an Other Investment to populate on the list of investments this is where you must key the information
In the account number section on the plan totals tab.