RPF Module 5: Pre test Questions &
Answers
Which is a requirement of a top-heavy plan?
A. Must offer a loan program
B. Must provide minimum contributions or benefits to non-key employees
C. Must provide hardship distributions
D. Must offer participant investment advice Correct Ans-B. Must provide minimum
contributions or benefits to non-key employees
Which participant must receive a top-heavy contribution?
A. Jason who terminated employment after plan year end
B. Rodney who terminated employment in the first quarter of the plan year
C. Albert who is a key employee
D. Sonya a volunteer that has no compensation Correct Ans-A. Jason who terminated
employment after plan year end
Which Form is the annual filing reporting information for the plan?
A. Form 1096
B. Form 1099-R
C. Form 5500
D. Form 5558 Correct Ans-C. Form 5500
, Which Form is provided to participants for their reporting of a plan distribution?
A. Form 945
B. Form 1096
C. Form 1099-R
D. Form 5558 Correct Ans-C. Form 1099-R
A participant who terminated employment received a distribution from the plan January 5,
2018. The plan year is a calendar plan. What is the date that the Form 1099-R must be provided
to the participant?
A. January 31, 2018
B. December 31, 2018
C. January 31, 2019
D. December 31, 2019 Correct Ans-C. January 31, 2019
The plan administrator made several distributions to the participants during the 2018 calendar
year. Paper Form 1099-Rs were prepared and provided to the participants. What is the deadline
to file Form 1096?
A. No form is needed
B. December 31, 2018
C. January 31, 2019
D. February 28, 2019 Correct Ans-C. January 31, 2019
Answers
Which is a requirement of a top-heavy plan?
A. Must offer a loan program
B. Must provide minimum contributions or benefits to non-key employees
C. Must provide hardship distributions
D. Must offer participant investment advice Correct Ans-B. Must provide minimum
contributions or benefits to non-key employees
Which participant must receive a top-heavy contribution?
A. Jason who terminated employment after plan year end
B. Rodney who terminated employment in the first quarter of the plan year
C. Albert who is a key employee
D. Sonya a volunteer that has no compensation Correct Ans-A. Jason who terminated
employment after plan year end
Which Form is the annual filing reporting information for the plan?
A. Form 1096
B. Form 1099-R
C. Form 5500
D. Form 5558 Correct Ans-C. Form 5500
, Which Form is provided to participants for their reporting of a plan distribution?
A. Form 945
B. Form 1096
C. Form 1099-R
D. Form 5558 Correct Ans-C. Form 1099-R
A participant who terminated employment received a distribution from the plan January 5,
2018. The plan year is a calendar plan. What is the date that the Form 1099-R must be provided
to the participant?
A. January 31, 2018
B. December 31, 2018
C. January 31, 2019
D. December 31, 2019 Correct Ans-C. January 31, 2019
The plan administrator made several distributions to the participants during the 2018 calendar
year. Paper Form 1099-Rs were prepared and provided to the participants. What is the deadline
to file Form 1096?
A. No form is needed
B. December 31, 2018
C. January 31, 2019
D. February 28, 2019 Correct Ans-C. January 31, 2019
