Get Form 5307. Application For Determination For Adopters Of Master Or Prototype Or Volume Submitter

Filling out Form 5307 is an essential step for adopters of master or prototype retirement plans seeking a determination from the Internal Revenue Service. This guide provides a clear, step-by-step approach to completing the form accurately and efficiently online.

Follow the steps to complete the form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill out line 1a with the name of the plan sponsor, which is the employer if it is a single employer plan. Then complete line 1b by entering the employer identification number, followed by the employer's address in lines 1c and 1d.
3. Identify the person to contact for further information, which can be the same as the plan sponsor or a different individual, in section 2.
4. In section 3, specify the determination requested by entering the applicable number(s) and filling in the required information for initial qualification, amendments, or standardized plans.
5. Provide the name and plan number in section 4, and complete section 5 with the necessary details, including plan effective date and participant numbers.
6. Answer sections 6 to 8 by indicating the type of employer group and plan type. Carefully follow the instructions to provide accurate responses.
7. In section 9, respond to questions regarding any other qualified plans maintained and ensure all coverage requirements are met in section 10.
8. Complete the miscellaneous provisions in section 11 by answering all applicable questions regarding contributions, examinations, and trust allocations.
9. Review the procedural requirements checklist on page 4 to ensure all necessary documents and information are attached before submission.
10. Finally, under penalties of perjury, sign and date the form to affirm the accuracy of the information provided. Save any changes, download a copy, or print the form for submission as required.

Complete your Form 5307 application online today to ensure timely processing.