6. Properly Identify The Funding And Benefit Arrangements On Line 9 Of The Form 5500 Indicate all proper Funding and Benefit Arrangements on Form 5500, Lines 9a and 9b. The “Funding Arrangement” is method used for receipt, holding, investment, and transmittal of plan assets prior to time plan actually provides benefits. The “Benefit Arrangement” is method by which plan provides benefits to participants. The responses on Lines 9a and 9b are cross-referenced against information on Schedules H, I, and/or A as appropriate. Be careful to attach appropriate financial or insurance schedule (H, I, A) that corresponds to Benefit and Funding Arrangements you indicate.

7. File All The Required Schedules And Attachments With Your Form 5500 Make sure you are filing all required schedules and attachments with your Form 5500. If you check a box indicating that a schedule is attached, schedule must be submitted with your Form 5500.

8. Schedule R And Distributions You must prepare Schedule R only if there are any distributions or rollovers from plan. You must enter both EIN of distribution payer and EIN of pension plan. Part 3 is only for money purchase plans that have made single sum distributions.

9. File The Appropriate Financial Information Schedule (H or I) With Your Form 5500. Make sure you file proper Financial Information Schedule with your Form 5500. The Schedule H is for “large plan” filers (generally plans with 100 or more participants at beginning of plan year). The Schedule I is for “small plan” filers (generally plans with fewer than 100 participants at beginning of plan year).

10. Complete Participant Benefit Information on Schedule SSA Make sure that you list all of terminated participants with their vested balances from prior year that still have not been paid. Starting with 2004 filing year, sponsors are required to list participants, previously outstanding, who have been subsequently paid.

When your client calls, anxious of a possible Dept of Labor fine, you can build long term credibility by taking charge of seeing correction is made by preparer. Better still, review or have an expert review, Form 5500 before client sends forms into Dept of Labor and save your client receiving any letter at all. Calendar year plans Form 5500 EZ and Form 5500 with related schedules are due by July 31, each year.

According to Al rise, marketer depends too much on customers expectation, customers feed back, market situation. This restrict their visions of future and make them less than bold marketer should concentrate more on competition to stay a head of game. Let me show this. Take example of Michael Dell it is best policy is to do what is not possible today. Competition is still catching up with Dell’s fanaticism of speed of supply chain and Dell next move is to play catching up game.

Second example is Nokia Vs Motorola started a program to bring it quality up to 2 to 3 fault per million, a small unknown funnies company moved into space, which Motorola has left behind to remove Motorola from king position. Football coach known importance of marking up first kick will keep opponent morale down. And that’s one of most favored strategy of football coaches leave alone one or two cases.

A super performer marketer know very wall, when to leave battle field for opponent to make him tire competition would jump in, throw their reserve and exhausted. And many times in process get black name in market. And then they jump in to finish off game. Competition loose out all reserves to thwart attack.. Great Marketer give, their competition, pass to go a head when they see they will surely find dead wall in front of them. They do it obviously. May be some see their Timidness in to this act. But in end they understand what they were up to. Similarly when a defender see opponent striker is a head of him when ball is still in mid field. He gives him a pass and whistle go on.

It is an off side, my dear friend.

This research work for this report is done by Mr. Arvind Kumar, founder, www.Nuttymarketer.com You may reach him at arvind@nuttymarketer.com .