Common use of Submission of determination letter application for plan amendments Clause in Contracts

Submission of determination letter application for plan amendments. In any case in which correction of a Qualified Plan failure includes correction of a Plan Document Failure or correction of an Operational Failure by plan amendment as permitted under section 4.06, other than adoption of an amendment designated by the Service as a model amendment or a standardized or prototype plan, the Plan Sponsor should submit a copy of the amendment, the appropriate application form (i.e., Form 5300 series or Form 6406), and the appropriate user fee concurrently and to the same address as the VCP submission. The user fee for the determination letter application and the fee for a VCP submission which requires an upfront fee, for example, a VCO or VCS submission, must be submitted on separate certified or cashier’s checks made payable to the U.S. Treasury.

Submission of determination letter application for plan amendments. In any case in which correction of a Qualified Plan failure includes correction of a Plan Document Failure or correction of an Operational Failure by plan amendment as permitted under section 4.06, other than adoption of an amendment designated desig- nated by the Service as a model amendment amend- ment or a standardized or prototype plan, the Plan Sponsor should submit a copy of the amendment, the appropriate application form (i.e., Form 5300 series or Form 6406), and the appropriate user fee concurrently con- currently and to the same address as the VCP submission. The user fee for the determination letter application and the fee for a VCP submission which requires an upfront up-front fee, for example, a VCO or VCS submission, must be submitted on separate certified or cashier’s checks made payable to the U.S. Treasury.