PART II. ELIGIBILITY FOR USE OF APPENDIX F, SCHEDULE 5
Internal Revenue Bulletin 2008-35 · 2026-10-03 edition · updated 2026-10-04 · United States
A. □ □ Is any affected participant either a key employee (as defined in § 416(i)(1)) or…¶
§ 401(c)(3))?
If ”Yes,” proceed to Part II B .
If ”No,” skip Part II B and proceed to Part II C .
B. □ □ Is the purpose of this request limited to permitting the Plan Sponsor to report…¶
the year of correction instead of the year of the failure?
If ”Yes,” complete part III and then proceed directly to part IV D . (Parts IV A, B, and C do not apply.)
If ”No,” STOP — do NOT use this schedule . Any request for relief should be made by filing an application using the format described in Appendix D.
C. □ □ Will correction be completed before the maximum period for repayment of the loan…¶
has expired? (Note: The maximum period is determined from the original date of the loan. Generally, this period is five years from the original date of the loan, except for home loans as described in § 72(p)(2)(B)(ii).) If ”Yes,” and the Plan Sponsor wants relief from reporting the loan as a deemed distribution, complete Part III and then answer applicable questions in Parts IV A through IV C . If ”No,” complete Part III and then proceed to Part IV D .
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