V.R. DeAngelis M.D.P.C. & R.T. Domingo M.D.P.C., V. R. DeAngelis M.D.P.C., Tax Matters Partner, et al. - Page 13
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The four versions executed in or after 1993 were stated as
effective as of January 1, 1993.6
C. Trustees, Administrators, and Sponsors
Connecticut National Bank was the STEP plan trustee from the
plan’s inception through April 1, 1992. The successor trustees
were United States Trust Co. of New York (U.S. Trust), Mellon
Trust of New York (Mellon Trust), and STEP Plan Services, Inc.
(SPSI). U.S. Trust served as trustee from April 1, 1992, through
February 14, 1997; Mellon Trust served as trustee from
February 14, 1997, through February 2002; and SPSI served as
trustee from February 2002 to date.
STEP, Inc., served as the STEP plan administrator from the
plan’s inception through July 26, 1990. Teplitzky & Co., L.L.C.
(Teplitzky & Co.), acting primarily through its principal Jeffrey
Teplitzky (Mr. Teplitzky), was the successor plan administrator
from July 26, 1990, through February 7, 2002. The current plan
administrator is SPSI. During the relevant time, Daniel E.
Carpenter (Mr. Carpenter) had sole signatory authority on behalf
of SPSI and served as its chairman.
6 There is also a 1992 version of the STEP plan for MetLife
and, beginning in February 1997, separate plans and trusts for
the eight insurance companies whose policies were sold through
STEP. According to petitioners, the participating doctors were
covered by version 3 when VRD/RTD adopted the STEP plan on or
about Dec. 20, 1993, and were covered by version 4 as of Dec. 29,
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Last modified: March 27, 2008