Get Itel Questionnaire

Filling out the Itel Questionnaire online is an important step for employers looking to restate their SIMPLE 401(k) plans. This guide will provide you with clear instructions to ensure your form is completed accurately and effectively.

Follow the steps to complete the questionnaire successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your UBS Financial Services Inc. account number in the designated field to ensure your questionnaire is linked to the correct account.
3. Indicate whether you will continue using the UBS prototype document by selecting the appropriate option. If you choose to discontinue, complete the section related to your plan name, sign, and submit this page.
4. If you are continuing with the UBS prototype documents, provide the trustee or custodian details in the specified fields. Ensure that the information matches your UBS Account Application.
5. Fill in the Plan Sponsor Information section, including legal name, address, and identification numbers. This information is critical for processing your questionnaire correctly.
6. Complete the Employee Eligibility section by specifying the age and service requirements for employees wishing to participate in the plan.
7. In the Contributions section, indicate if Roth deferrals are permitted and the specifics regarding employer contributions, including amounts and conditions.
8. Describe the Loans and Plan Investments section if applicable, including whether loans are permitted and any limits or conditions associated with them.
9. Use the Comments/Notes section to provide any additional information or changes that are necessary for the plan document.
10. Review the Plan Design Assumptions and ensure that you agree with each provision, documenting any necessary changes in the Comments/Notes section.
11. Sign and date the Plan Sponsor Agreements and Signature section. This confirms your understanding and acceptance of the information provided.
12. After completing the questionnaire, save your changes, download it for your records, or share it as needed. Ensure all necessary attachments are sent to Ascensus DCS Unit as instructed.

Complete your Itel Questionnaire online today to ensure compliance with IRS requirements and maintain your plan's tax-qualified status.