PTOP Report Request

Questions? Please contact the account manager for your market.

PTOP Report Request

References

Corporate A Number

Are the client's plans legally related to each other?

Examples :

Transfers from hourly plan to salary plan or vice versa
Transfers from union plan to non-union plan or vice versa
Transfers from the plan of a Related Employer in Strategic, Select, Large market to an Emerging, Mid, Advisor plan that is part of that same control or affiliated service group
Does your employer have any related employers? To properly answer this question, you may need to consult someone familiar with the structure of the employer. In some cases legal advice is needed to determine employer relationships. Related employers are generally companies with common ownership. This applies if your company owns other companies or is owned by another company. All related employers that have employees, even if they are not part of the retirement plan being tested, must be considered when testing. There are multiple types of related employers, with various requirements to be considered as related employers. The most simple are 'parent-subsidiary' relationships where one company owns at least 80% of another. 'Brother-sister' relationships are also common forms of related employers. There are other types as well, such as affiliated service groups, which are relatively rare.

Yes, the employer has a related employer, and is part of a 'Control Group' or 'Affiliated Service Group' of companies.

No, the employer does not have any related employers. It does not own, and is not owned by, any other company
Transfers between plans that are Related Employers in Emerging, Mid, or Advisor
Client should confer with Legal counsel to determine if the plans are legally related
For additional eligibility information, please see Digital Guide
Detailed resource guide to navigate the process, report, and strategy. If you are stuck at a point, use this for in depth direction on specific items you need guidance on.

Are individual participants transferring between the plans due to job changes?

WARNING

This Client is not eligible for this process.

Other options are available to transfer participants:

>> For 25 participants or more, submit a Corporate Action request to start a project with Implementation to transfer a group or start a group rollover

>> For less than 25 participants, consider terminating the participants in their current plan, and directing participants to rollover to the new plan individually.

More details on Implementation projects are available in the PtOP Digital Guide.

Is a group(s) of employees moving between the plans? (Example : A group of employees moving between divisions.)

Is this a partial plan termination?

Are more than 25% of the participant population OR more than 25 participants (which ever is lower) impacted?

Is this transfer for residual participants from a merger or corporate action already processed?

WARNING

This Client is not eligible for this process.

Other options are available to transfer participants:

>> For 25 participants or more, submit a Corporate Action request to start a project with Implementation to transfer a group or start a group rollover

>> For less than 25 participants, consider terminating the participants in their current plan, and directing participants to rollover to the new plan individually.

More details on Implementation projects are available in the PtOP Digital Guide.

WARNING

Please submit an ADJUST/TRANSF XTRAC to CAR to transfer the residual participants.

From Plan Number

To Plan Number