Advisory Committee on Tax Exempt and Government Entities (ACT ...

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PROTECTING PLAN BENEFITS:IMPROVING GOVERNMENTAL DEFINED CONTRIBUTION PLAN COMPLIANCEAppendix A Data Sources (Partial List)• Benefits Link Survey Comments (Appendix A)• Comments from Governmental Plans Roundtable (April 22, 2008)• SPARK Comments on IRS 403(b) Plan Rules (March 19, 2008)• Fidelity Investments Comments on Rev Proc 2007-71 (March 14, 2008)• Trends in Public Sector Retirement Plans, Nationwide Retirement EducationInstitute, Volume II (March 2006)• What Do We Know about the Universe of State and Local Plans? State andLocal Pension Plans, Center for Retirement Research at Boston College,Number 4, (March 2008)• New 403(b) Rules Present Challenges, Opportunities; Ignites (April 15, 2008)• Non-Profit Sector DC Plans, Public Elementary/Secondary School Systems(2008)• NAGDCA Match Plan Profiles (November 2006)• NAGDCA Defined Contribution Plan Survey (March 2008)• EBRI Databook on Employee Benefits (Various)• Memo from Willett Consulting (March 31, 2008)• IRS TE/GE Communications and Educational Material (Various)• Agenda and Minutes for Meeting with NAGDCA Industry Group (March 18, 2008)• The SPARK Institute on IRS 403 (b) Plan Rules (March 19, 2008)ADVISORY COMMITTEE ON TAX EXEMPT AND GOVERNMENT ENTITIES (ACT) June 11, 2008 28
PROTECTING PLAN BENEFITS:IMPROVING GOVERNMENTAL DEFINED CONTRIBUTION PLAN COMPLIANCEAppendix B. Copy of ACT Survey on BenefitsLinkImproving Compliance for Governmental 401(a) Qualified Plans - Are an attorney,accountant, actuary, consultant, third-party administrator, financial services provider, orother kind of retirement plan practitioner? Are you a governmental employer thatsponsors a section 401 tax-qualified retirement plan? Please help an official IRSadvisory group supply the IRS with cost-effective ideas for increasing compliance (forplan documents or in operation) by governmental employers sponsoring section 401tax-qualified retirement plans, by completing this online survey.Re: IRS <strong>Advisory</strong> <strong>Committee</strong> Survey of Governmental 401(a) PlansDear Retirement Plan Practitioner:The members of the IRS <strong>Advisory</strong> <strong>Committee</strong> (ACT) on Tax Exempt and GovernmentEntities serve as an advisory group for the Commissioner, Tax Exempt and GovernmentEntities Division of the IRS.The ACT is currently undertaking a project that is aimed at identifying cost effectiveideas for further increasing Governmental 401(a) plans operational and documentcompliance with IRS requirements. The ACT is undertaking a number of activities todevelop “best practices” recommendations for 401(a) plan sponsors and 401(a) planpractitioners. Potential recommendations were reported at the June 2007 ACT publicmeeting. The final recommendations will be presented to the IRS in June of 2008.The survey is aimed at assessing compliance challenges encountered by Governmental401(a) Plans as well as at generating ideas for improving operational and documentcompliance for adopters of governmental 401(a) plans.If you have any questions about this project, please contact any of the undersigned byemail.Thank you for your help.Very truly yours,Susan D. Diehlsdiehl@penserv.comJulian M. ReganJulian.regan@fmr.comGovernmental 401(a) Qualified Plans Compliance and Document SurveyDemographics1. Do you practice with or are you employed by:• a law firmADVISORY COMMITTEE ON TAX EXEMPT AND GOVERNMENT ENTITIES (ACT) June 11, 2008 29
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