Pbgc Form 501 - Just make sure you follow the instructions. The most important step in the process is completing the form 501. The following items are required if a plan sponsor decides to request a favorable determination letter from the irs: If the participant count is different on the 501 compared to what was filed on the 500, do an attachment and explain why. Web the final rule provides an alternative timeline to file the form 501 by permitting a plan administrator to submit a completed form 501 within 60 days after the last distribution date for any affected party if the plan administrator certifies to the pbgc that all assets have been distributed in accordance with section 4044 of erisa and 29 cfr. Check here if you previously filed a form 501 for this plan. 9 summary of distribution of plan benefits. If checked, provide dates of filing(s): Attach copy of the most recent complete plan document and any amendments to it. Attach distribution documents (see instructions).
Attach distribution documents (see instructions). Web the final rule provides an alternative timeline to file the form 501 by permitting a plan administrator to submit a completed form 501 within 60 days after the last distribution date for any affected party if the plan administrator certifies to the pbgc that all assets have been distributed in accordance with section 4044 of erisa and 29 cfr. Attach copy of the most recent complete plan document and any amendments to it. Just make sure you follow the instructions. The most important step in the process is completing the form 501. 9 summary of distribution of plan benefits. The following items are required if a plan sponsor decides to request a favorable determination letter from the irs: If the participant count is different on the 501 compared to what was filed on the 500, do an attachment and explain why. The pbgc may assess a late penalty if it is filed more than 90 days after benefits are distributed, mayo warned. This is to be done no later than 30 days after all benefits are distributed. The form itself is straightforward; If checked, provide dates of filing(s): Check here if you previously filed a form 501 for this plan.