Erisafile / Qualified Pension Consulting
Home Plan Documents Seminars Reference Library Contact Us



401(k) and Profit Sharing Plans Reference Materials

General Information:

Annuities in 401(k) Plans:

  • Rev. Rul. 2012-3 - Application of Survivor Annuity Requirements to Deferred Annuity Contracts Under a Defined Contribution Plan, Feb. 2, 2012.

  • Rev. Rul. 2012-4 - Rollover from Qualified Defined Contribution Plan to Qualified Defined Benefit Plan to Obtain Additional Annuity, Feb. 2, 2012.

Automatic Contribution Arrangements:

  • Rev. Rul. 98-30 - This revenue ruling describes certain criteria that must be met before an employee’s compensation can be contributed to an employer’s section 401(k) plan in the absence of an affirmative election by the employee. June 22, 1998.

  • Rev. Rul. 2000-8 - This ruling specifies the criteria to be met in order to automatically reduce an employee’s compensation by a certain amount and have that amount contributed as an elective deferral to an employer’s section 401(k) plan. Rev. Rul. 98–30 is amplified and superseded. (negative deferral elections in 401(k) plans). Feb. 14, 2000.

  • Announcement 2000-60 - This Announcement was to raise awareness that automatic enrollment provisions could be contained in GUST pre-approved prototype plan documents. July 31, 2000.

  • Rev. Rul. 2009-30 - This ruling provides guidance on how automatic enrollment in a section 401(k) plan can work when there is an escalator feature included. An escalator feature means that the amount of an employee’s compensation that is contributed to the plan, without the employee’s affirmative election, is increased periodically according to the terms of the plan. Two situations are described. One involves a basic automatic contribution arrangement and the other involves an eligible automatic contribution arrangement described in section 414(w) of the Code. Rev. Rul. 2009-30 is part of the “Savings Initiative” guidance issued by the Service. Sept. 28, 2009.

Coverage:

  • Exclusion of Employees of 501(c)(3) Organizations in 401(k) and 401(m) Plans who are Eligible to make Salary Deferrals to 403(b) Plans:

    • Final Regulation on Exclusion of Employees of 501(c)(3) Organizations in 401(k) and 401(m) Plans, TD 9275, 71 F.R. 41357, July 21, 2006. The final regulations permit, in certain circumstances, employees of a tax-exempt organization described in section 501(c)(3) to be excluded for the purpose of testing whether a section 401(k) plan (or a section 401(m) plan that is provided under the same general arrangement as the section 401(k) plan of the employer) meets the requirements for minimum coverage specified in section 410(b). Adding Treas. Reg. 1.410(b)-6(g)(1) and (2).

    • Proposed Regulation on Exclusion of Employees of 501(c)(3) Organizations in 401(k) and 401(m) Plans, March 16, 2004, I.R.B. 2004-14 (April 5, 2004). The proposed regulations permit, in certain circumstances, employees of a tax-exempt organization described in section 501(c)(3) to be excluded for the purpose of testing whether a section 401(k) plan (or a section 401(m) plan that is provided under the same general arrangement as the section 401(k) plan of the employer) meets the requirements for minimum coverage specified in section 410(b).

 

.
Join Our Email List
Email:  
For Email Marketing you can trust

pricingblogaboutcontactprivacy policyhome
Email: sales@erisafile.com
Copyright © 2007-2011 Erisafile Inc. All rights reserved.