PART VII. EFFECT ON OTHER DOCUMENTS; EFFECTIVE DATE; PAPERWORK REDUCTION ACT

SECTION 15. EFFECT ON OTHER DOCUMENTS ..................................................................................................................496

SECTION 16. EFFECTIVE DATE ...............................................................................................................................................496

SECTION 17. PUBLIC COMMENTS ..........................................................................................................................................496

SECTION 18. PAPERWORK REDUCTION ACT ......................................................................................................................496

DRAFTING INFORMATION........................................................................................................................................................497

APPENDIX A: OPERATIONAL FAILURES AND CORRECTION METHODS

.01 General rule.......................................................................................................................................................................497 .02 Failure to properly provide the minimum top-heavy benefit under § 416 to non-key employees ...............................497 .03 Failure to satisfy the ADP test set forth in § 401(k)(3), the ACP test set forth in § 401(m)(2), or, for plan years

beginning on or before December 31, 2001, the multiple use test of § 401(m)(9).......................................................497 .04 Failure to distribute elective deferrals in excess of the § 402(g) limit (in contravention of § 401(a)(30)) .................498 .05 Exclusion of an eligible employee from all contributions or accruals under the plan for one or more plan years...............498 .06 Failure to timely pay the minimum distribution required under § 401(a)(9).................................................................502 .07 Failure to obtain participant or spousal consent for a distribution subject to the participant and spousal consent

rules under §§ 401(a)(11), 411(a)(11), and 417..............................................................................................................502 .08 Failure to satisfy the § 415 limits in a defined contribution plan ..................................................................................503 .09 Orphan Plans; orphan contracts and other assets ............................................................................................................503

APPENDIX B: CORRECTION METHODS AND EXAMPLES; EARNINGS ADJUSTMENT METHODS AND EXAMPLES