Plan sponsor has an existing age-weighted Profit Sharing plan, which has been around for a number of years. The time has come to adopt a DB plan, in addition to the PS plan. All the same folks in the PS plan will also be in the DB plan. The PS plan is, of course, Top Heavy. When the DB plan is adopted, must all prior service be counted for vesting or can the plan exclude service prior to adoption for vesting purposes?
Thank you to all who take the time to help out on this website!!
Craig
Full Version: Vesting on new DB Plan
QUOTE (Craig Garner @ May 25 2007, 11:12 AM) 
Plan sponsor has an existing age-weighted Profit Sharing plan, which has been around for a number of years. The time has come to adopt a DB plan, in addition to the PS plan. All the same folks in the PS plan will also be in the DB plan. The PS plan is, of course, Top Heavy. When the DB plan is adopted, must all prior service be counted for vesting or can the plan exclude service prior to adoption for vesting purposes?
Thank you to all who take the time to help out on this website!!
Craig
Thank you to all who take the time to help out on this website!!
Craig
see 411(a)(4)©
See also §1.411(a)-5(b)(v)
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