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controlled group?


gregburst

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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%?

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