eligible plan
(ii)For purposes of clause (i), the term “eligible plan” means a plan which provides that any nonforfeitable accrued benefit for which the present value (as determined under) does not exceed $5,000 shall be immediately distributed to the participant. (C)Subparagraphs (A) and (B) shall apply only to the extent that the eligible rollover distribution would be includible in gross income if not transferred as provided in subparagraph (A) (determined without regard to). The preceding sentence shall not apply to such distribution if the plan to which such distribution is transferred— (i)is a qualified trust which is part of a plan which is a defined contribution plan and agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible, or (ii)is an eligible retirement plan described in clause (i) or (ii) of section 402(c)(8)(B).