gregburst Posted October 21, 2014 Share Posted October 21, 2014 Manufacturing Inc is owned 100% by Chris. Marketing Inc is owned 50%/50% by Chris and Chris Jr (age 25). Manufacturing Inc pays Marketing Inc $100K per year to do marketing for Manufacturing Inc's products. Marketing Inc only does marketing for Manufacturing Inc; it has no other clients. This can't be an affiliated service group since neither is a service company. Is this a controlled group? Is Marketing Inc allowed to operate a 401k plan for just Chris and Chris Jr? If so, what profit sharing contribution limits apply? The standard 25%? Link to comment Share on other sites More sharing options...
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