Name of employer

26

25

24

23

22

21

20

19

18

17

16

15

14

13

12

11

10

28

27

For Paperwork Reduction Act Notice, see page 8 of the Instructions for Form 5310.

9

8

7

6

5

4

3

2

1Line No.

Totals for above ©

Totals for all other participants not listed on lines 1 through 25 ©

Totals for lines 26 and 27 ©

6088

(Rev. March 2008)

(see instructions)

Participant’s

last name and initials

(a) (b)Check if highly compensated

(c)

Years of

participation

(see instructions)

Fill in

columns

(d) Age at plan termination

Compensation

(see instructions)

© Attach to application for determination—regarding a plan termination.

(e)

Distributable Benefits From

Employee Pension Benefit Plans

Accrued Benefit

(see instructions)

(f)

(Money amounts should be in whole dollars. Round off to nearest dollar.)

Distributable Benefits

(see instructions)

(1)

(g)

(2)

For defined contribution

plans, enter total

account balances.

For defined benefit

plans, see instructions

Employer identification number

(h)

This Form Is NOT Open

to Public Inspection

OMB No. 1545-0202

Form 6088 (Rev. 3-2008)

Form

Cat. No. 24406Y

(3)

Department of the Treasury

Internal Revenue Service
Form 6088 (Rev. 3-2008) Page 2

General Instructions

Section references are to the Internal Revenue Code unless otherwise

noted.

Column (b). Check column (b) to indicate that a participant is a highly

compensated employee under section 414(q). Enter “NA” if the

participant is not a highly compensated employee.

Column (c). (Defined benefit plans only.) List years of participation prior

to the earliest of plan termination, retirement, or separation from

employment. If the accrued benefit described in column (f) is based on

years of credited service that is different than years of participation,

attach a separate schedule to add this information for each participant.

File a separate Form 6088 for each employer participating in a multiple

employer defined benefit or underfunded defined contribution plan

described in section 413(c) (all employers in each affiliated service group,

controlled group of corporations, or group of trades or businesses under

common control are considered one employer).

Column (d). (Defined benefit plans only.) List the participant’s age as of

plan termination.

Column (e). For defined contribution plans. Enter the participant’s

compensation for the current 12-month period. The current 12-month

period can be the last calendar or plan year ending on or before plan

termination. For participants who are no longer employed as of the date

of plan termination, compensation is the compensation received for the

applicable period immediately before the earlier of retirement or

separation from employment. See Regulations section 1.415(c)-2(e)(3) for

additional rules.

Public inspection. Section 6104(a)(1)(B) provides generally that

applications, filed for the qualification of a pension, profit-sharing, or

stock bonus plan, will be open to public inspection. However, section

6104(a)(1)(C) provides that information concerning the compensation of

any participant will not be open to public inspection. Therefore, Form

6088 will not be made available to the public, plan participants, or other

employees of the employer who established the plan.

Column (g). If the sum of the amounts in columns (g)(1), (g)(2), and (g)(3)

does not equal line 20(I) of Form 5310, attach an explanation of the

difference.

For defined contribution plans. Enter in column (g)(1) the total assets

distributable to each participant attributable to mandatory and voluntary

employee contributions and rollover contributions. Leave column (g)(2)

blank and enter in column (g)(3) the total assets distributable to each

participant attributable to employer contributions including elective

deferrals to a qualified cash or deferred arrangement (section 401(k) plan)

and employer matching contributions.

Column (a). First list any participant who at any time during the 5-year

period prior to the date of plan termination or proposed plan termination

owned directly or indirectly 5% or more of the voting stock or 5% or

more of the business. Next list the remaining participants in order of

current compensation (see Definitions above and the instructions for

column (e)) starting with the highest-paid participant followed by the next

highest-paid, and so on.

Column (h). For defined benefit plans. Enter the present value of the

participant’s total benefit liabilities (determined as of the termination date, and

whether or not forfeitable) at the date of distribution of the plan assets. Use

the date of plan termination for plans to be trusteed by the PBGC. For this

purpose, present value is the single-sum distribution amount provided under

the terms of the plan. However, if the plan does not provide for a single-sum

distribution or the participant’s benefits are provided by an annuity contract,

present value is the cost (or estimated cost if actual cost is not available) of

the annuity. Attach a statement explaining how the present values were

determined (including the interest rate, lookback month, stability period, and

mortality table used). This statement also should indicate the specific interest

rates used to compute single-sum distributions. If the sum of the amounts in

column (h) does not equal line 20(I) of Form 5310, attach an explanation of the

difference.

Purpose of form. The Internal Revenue Service (IRS) uses the

information on Form 6088 to analyze an application for a determination

letter on the qualification of the plan upon termination.

Who must file. A plan sponsor or administrator of a defined benefit or an

underfunded defined contribution plan that files an application for an IRS

determination letter regarding a plan termination must attach Form(s)

6088 to Form 5310, Application for Determination for Terminating Plans

or Form 5300, Application for Determination for Employee Benefit Plan,

whichever applies.

Participant. For purposes of this form, participant means any individual who

satisfied the plan participation requirements and is entitled to receive plan

benefits upon termination of the plan. This includes employees with accrued

nonvested benefits and individuals who are former employees at the time of

plan termination who are entitled to future benefits under the plan.

Compensation. Compensation, for purposes of completing columns (a)

and (e), means section 415 compensation as defined in Regulations

section 1.415(c)-2.

Definitions

A plan sponsor or administrator of a collectively bargained

underfunded defined contribution plan must file Form 6088 only if the

plan benefits employees who are not collectively bargained employees or

more than 2% of the employees covered by the plan are professional

employees. See Regulations section 1.410(b)-6(d) and 1.410(b)-9 for

definitions of collectively bargained employee and professional employee.

If this form is required for a collectively bargained underfunded plan that

benefits noncollectively bargained employees, file a separate Form 6088

for each employer with noncollectively bargained employees benefiting

under the plan as if such noncollectively bargained employees were

benefiting under a separate plan. Do not file a Form 6088 for the portion

of an underfunded defined contribution plan benefiting collectively

bargained employees. If more than 2% of the employees covered by a

collectively bargained plan are professional employees, file as if all

employees covered by the plan were noncollectively bargained

employees.

Underfunded defined benefit plan. Generally, an underfunded defined

benefit plan is a defined benefit plan under which, at the time of plan

termination, the sum of the value of benefit liabilities for all participants

exceeds the value of plan assets available to pay those benefit liabilities.

Benefit liabilities include participants’ accrued benefits, qualified

preretirement survivor annuities, and any other plan benefits payable on

or after plan termination.

Underfunded defined contribution plan. Generally, an underfunded

defined contribution plan is a defined contribution plan in which the sum

of the account balances exceeds the plan’s assets available to provide

the benefits (for example, a money purchase plan terminates before a

funding waiver has been fully amortized).

For defined benefit plans. Enter the participant’s average compensation

for the high 3 years. Average compensation for the “high 3 years” means

the participant’s average compensation determined on an annual basis

for the period of consecutive calendar years (but not more than 3) during

which the participant had the greatest aggregate compensation from the

employer (or earned income if the participant is self-employed or an

owner-employee). For participants no longer employed as of the

proposed termination date, use compensation and years of participation

prior to the earliest of the proposed date of plan termination, retirement,

or separation from employment. If the accrued benefit described in

column (f) is based on compensation other than the “high 3 years,” 

please attach a separate schedule to report those amounts for each

participant.

Column (f). (Defined benefit plans only.) List the accrued benefit, as of

the date of plan termination, of each participant (in the normal form

payable at normal retirement age under the plan) excluding any benefits

attributable to voluntary employee contributions (including rollovers). In

lieu of providing the information in the preceding sentence for

participants in pay status, the accrued benefit in the form being paid may

be entered with an asterick and the form of the payout described on an

attachment. If the accrued benefit is increased or decreased because of

top-heaviness, section 415 limitations or offsets, report this in an

attachment that includes a detailed calculation of the increased or

decreased benefit. However, do not adjust for an election of a majority

owner to forego receipt of a distribution under PBGC Regulations section

4041.21(b)(2).

For underfunded defined contribution plans, complete only columns

(a), (b), (e), (g)(1), (g)(3), and (h). Provide this information for all

participants. If there are more than 25 participants, attach additional

sheets providing the information in the same format as the Form 6088.

Specific Instructions

Prepare the participant census as of the date of plan termination or

proposed date of plan termination.

For underfunded defined benefit plans (except those benefiting only

collectively bargained employees of which not more than 2% are

professional employees), provide the information in columns (a) through

(h) for all participants. If there are more than 25 participants, attach

additional sheets providing the information in the same format as

Form 6088.

For underfunded defined benefit plans. Enter in column (g)(1) amounts

allocated in accordance with section 4044(a)(1) and (2) of the Employee

Retirement Income Security Act of 1974. In column (g)(2), enter amounts

allocated in accordance with section 4044(a)(3) and (4)(A). In column

(g)(3), enter all amounts allocated other than those entered in columns

(g)(1) and (g)(2).

For defined benefit plans other than those subject to the preceding

paragraph, complete all columns on Form 6088 except (g)(1), (g)(2), and

(g)(3). If there are fewer than 25 participants, list all of the participants.

Otherwise, submit only the first 25 who fall under the priorities specified

in the instructions for column (a).