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Qualified Plan (Please do not complete this form. Send us a copy of your existing plan document.) Name of Adopting Employer (entity).(for Employers with Employees). The summary plan description (SPD) is a comprehensive, easily understood explanation of qualified retirement plan provisions. A Checklist providing best practice tips for employers to use when completing the adoption agreement for a pre-approved retirement plan. Adoption Agreement . Complete Part A or B. Part A. O. Part B. 7. New Plan Effective Date.