Post Closing Announcements

403(b) Plan Participants

Thank you for reaching out to Blossom Philadelphia regarding your 403(b) retirement plan. The majority of distributions and rollovers were completed in 2018. We are diligently working with our Third Party Administrator (TPA) One-America to manage the remaining participant requests.

If you need forms or have questions about your rollover or distribution, please reach out to us at info@BlossomPhila.org and we will work with the TPA to resolve your problem. If you have not yet submitted your paperwork to enable your distribution or rollover, please mail your completed forms to Blossom Philadelphia, 100 E Mermaid Lane, Philadelphia, PA 19118.

Pension Plan Participants

Thank you for reaching out to us regarding your Pension Plan distribution questions. While many distributions and rollovers were made during 2018, there are still more distributions and rollovers to make in 2019 to pay out all assets of the plan.

At the current time, the pension plan is being audited by a CPA firm. The CPA’s have numerous questions about the plan’s 2018 transactions that we are diligently handling. We will not be issuing any distributions in 2019 until the audit is complete. This is a necessary step to ensure 2019’s distributions will be fair, accurate, and final. We are targeting February 28th to make all distributions for participants, but only IF they have turned in their termination forms by January 31, 2019. Distribution/termination forms can be mailed to Blossom Philadelphia, 100 E Mermaid Lane, Philadelphia, PA 19118.

Questions, requests for forms, or completed forms can also be emailed to info@BlossomPhila.org.

Tax Reporting

W-2’s – All 2018 W-2’s will be mailed out by Blossom’s subcontractor, Proxus, prior to January 31, 2019. If you have not received your W-2 by January 19th, please alert us at info@BlossomPhila.org.

All 2019 W-2’s will be mailed out by Blossom’s subcontractor, Proxus, late in 2019. If you change your address during 2019 please provide your new mailing address to info@BlossomPhila.org so that Proxus can be alerted.

403(b) and Pension Distributions and Rollovers – as you may be aware, Blossom Philadelphia has tax reporting responsibilities associated with 2018 distributions, both for the 403(b) and the Pension Plan, which are reported on Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRA’s, etc. Blossom’s deadline for filing forms 1099-R is February 28, 2019. If you do not receive your 1099-R by February 9, please email us at info@BlossomPhila.org.

If your distribution or rollover was not completed until 2019, you will not receive a 2018 1099-R but will instead receive a 2019 1099-R later in the year.

error: Content is protected !!