Help - Search - Members - Calendar
Full Version: New 5307 Form
BenefitsLink Message Boards > Retirement Plans > 401(k) Plans
igglesfan
Has anyone taken a look at the new 5307 form? We're starting to get our process going because we've start EGTRRA restatement. In particular, if a plan is filling in 5307 and is an ADP/ACP safe harbor plan, there's no spot anywhere on the form to mention it. For example, page 2 asks if the plan has 401(m) match. If the plan had no 401(m) match but had a safe harbor match would we check no here?

Thanks for the help.
J Simmons
Yes, you do check that the plan with a match is a 401(m). ACP or safe harbor are methods of showing that the 401(m) feature of your plan is nondiscriminatory--either way, it is yet a 401(m) plan.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.