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Who We Are
Client Satisfaction
Fees
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Plan Termination Fees
Plan Termination fees fall into two categories, Document fees and
Submission fees.
Documents are the legal papers, which terminate the plan. They consist
of plan amendments, corporate resolutions or non-corporate certifications
and participant notices and disclosures.
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Plan Termination Documents (required for All Plans)
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$200
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Submissions are sometimes optional and sometimes required. They are filings
made with federal agencies in order to receive their permission or approval
to terminate the plan.
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IRS Submission (normally not required, but optional)
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$975*
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PBGC Submission (required on certain Defined Benefit Plans)
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$750
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* The IRS charges a "user fee" in addition to our fees for the
submission process.
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Two other sets of fees relate to Plan Termination. First, the Plan must continue
its compliance and reporting until the final reports are issued following the
complete distributions of all Plan assets. Second, each participant must receive the
same distribution work done as for Individual Terminations. Both of these fees
can be found on the
Administration Fees page.
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