- Schedule Q is no longer mandatory for Form 5300,
Application for Determination for Employee Benefit Plan, Form
5307, Application for Determination for Adopters of Master or
Prototype or Volume Submitter Plans, and Form 5310,
Application for Determination for Terminating Plan filers.
- File Schedule Q to broaden the scope of a determination
letter by requesting determinations for certain coverage and
nondiscrimination requirements that are not routinely addressed in a
determination letter in conjunction with an application for
determination letter.
- A determination letter issued for a defined benefit plan
that requested a determination regarding section 410(b) will also be a
determination regarding section 401(a)(26).
Note.
If Schedule Q is not filed, the determination letter issued for
this plan will not consider and may not be relied upon with regard to
the general test and certain other provisions under section 401(a)(4),
the average benefit test under section 410(b), and the definition of
compensation provisions of section 414(s).
The information requested on Schedule Q (Form 5300) relates to the
manner in which your plan satisfies certain qualification requirements
relating to minimum participation, coverage, and nondiscrimination.
This schedule allows you to indicate whether you wish certain of these
requirements to be considered by the IRS in its review of your plan.
The use of this schedule is optional. However, filers of Form 5300,
Form 5307, and Form 5310 may elect to complete and file Schedule Q
(Form 5300) with their application.
If you elect to use this schedule, complete all lines unless
otherwise directed.
Note:
Applicants requesting specific determinations are required to
submit demonstrations showing how their plans satisfy the minimum
participation, coverage, and nondiscrimination requirements, as
applicable. The demonstrations are explained in these instructions.
Information or computations that are used for more than one purpose
may not be cross-referenced but must be repeated for each applicable
demonstration.
