Also in accordance with Revenue Procedure 2016-37 introduced on June 29, 2016, a plan sponsor of an individually designed plan can request a determination letter if the following conditions apply:
- The plan has not received a letter in the past.
- The plan is terminating.
- IRS Exception (based on program capacity to work additional applications and need for rulings in certain areas).
www.irs.gov; June 29, 2016.