ISBN: 9781234879006

Rarebooksclub.com. Paperback. New. This item is printed on demand. Paperback. 42 pages. OCLC Number: 55199943 Excerpt: . . . with a summary of the annual report described above. In addi… Mehr…

Rarebooksclub.com. Paperback. New. This item is printed on demand. Paperback. 42 pages. OCLC Number: 55199943 Excerpt: . . . with a summary of the annual report described above. In addition, on written request, a participant must be provided with a copy of the full annual report. Annual registration statement A plan administrator is required to file an annual registration statement with the Internal Revenue Service with respect to any participant who ( 1 ) separates from service during the year, ( 2 ) is entitled to a deferred vested benefit under the plan as of the end of the plan year, and ( 3 ) whose benefits were not paid during the year. The annual registration statement is filed by means of Schedule SSA of the Form 5500 for the year following the year in which the employee separates from service. The plan administrator must also furnish an individual statement to each participant who separates from service and is listed in the annual registration statement described above. The individual statement must set forth the nature, amount and form of the deferred vested benefit to which the participant is entitled. Summary plan description A plan administrator is required to furnish participants with a summary plan description that includes certain information, including administrative information about the plan, the plans requirements as to eligibility for participation and benefits, the plans vesting provisions, and the 6 procedures for claiming benefits under the plan. The summary plan description must be furnished within 90 days after the participant first becomes a participant in the plan. In addition, if plan amendments are made, the plan administrator must furnish each participant every fifth year with an updated summary plan description that includes all the plan amendments made within the five-year period ( or, if there have been no amendments, a new summary plan description every tenth year ). A participant may also obtain a copy of the summary plan description on request. The plan administrator must also furnish participants with a summ. . . This item ships from La Vergne,TN., Rarebooksclub.com<