ESOP Partial Plan Termination Compliance Checklist
Use this checklist to document key compliance review steps for an ESOP partial plan termination.
Plan Name or ID
*
Plan Period Under Review (e.g., 2025-2026)
*
Has a partial plan termination been identified during this period?
*
Yes
No
Uncertain
Describe the facts supporting the determination (e.g., reason for significant reduction in participants, triggering event details)
*
Describe the affected participant population
*
Estimated number or percentage of affected participants
*
Have corrective actions been taken or are any planned?
*
Yes
No
Not Applicable
If corrective actions have been taken or are planned, please describe
Reviewer’s Determination
*
Partial plan termination confirmed
Partial plan termination not found
Further review required
Reviewer Name and Date
*
Submit Checklist
Should be Empty: