Two of SES Advisors' Senior Administrators tackle some of the most confusing areas of ESOP administration and explain how to avoid falling into trouble. Topics include: synthetic equity & how it affects anti-abuse testing pursuant to IRC Section 409(p); identifying partial plan terminations & the consequences associated with them; when hours are credited for service not worked; explanation of the new Form 5558 and Form 8955-SSA, and associated notice requirements; and what to do when you cannot find a participant with a remaining vested account.
Presenters: Mychelle Holloway and Karen Hurley, Senior ESOP Administrators - SES Advisors, Inc.
