Can you terminate a profit sharing plan that is under DOL audit? If it is under IRS audit you need a no change letter, and then the plan can be terminated. What about a DOL audit?
Please let me know where I can access further information on this topic.
Full Version: DOL Audit and Plan Termination
QUOTE (BPension @ Mar 10 2009, 11:34 AM) 
Can you terminate a profit sharing plan that is under DOL audit? If it is under IRS audit you need a no change letter, and then the plan can be terminated. What about a DOL audit?
Please let me know where I can access further information on this topic.
Please let me know where I can access further information on this topic.
I would guess you need the cooperation of the DOL investigator. That's who you should call.
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