oriecat Posted August 6, 2007 Report Share Posted August 6, 2007 3 separate employers - Corporation 1 - 300+ employees, 100% of stock owned by John Corporation 2 - 5 employees, 100% of stock owned by John John's Sole Proprietorship - 4 employees In the past the two corporations have shared benefit plans. For example, on the self-insured dental plan, Corp 2 is listed as a Participating Employer. Same with the 401(k) plan. I am not sure how the insured medical plan was set up, since it has been in place for like 25 years, so perhaps it was not done properly at the time, but I believe it was, and that the insurer was aware that there were 2 separate corps involved in the plan. Now we are asking about adding the 3rd company to the plans and being told we cannot do that, they would have to have their own small plan. Is this correct? Is there any way to have these 3 plans all together for all benefit purposes? Do we have any options? Link to comment Share on other sites More sharing options...
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