K-t-F Posted August 9, 2021 Report Share Posted August 9, 2021 Companies A and B are a controlled group. Both had their own plans... both exactly the same design (hey, they wanted 2 separate plans). I was handling the 2 plans up to the point where ADP stepped in with a bigger better way to handle everything. My services were terminated. This all occurred December 2020. I pressed to let me finish 2020 and let ADP take over first of the year nice and fresh. I was told that was not necessary that ADP would handle the 2020 Form 5500 (in writing). Come to find out they terminated Company A's plan and rolled it into company B's plan. All assets liquidated and transferred. Thing is.... Company A's plan was not whole. They moved the money even though the SH Match wasn't deposited. Is that ok? Since A's plan merged with B's, can B's plan accept the receivable SH Match? It is a control group situation. Thanks Its not easy being green Link to comment Share on other sites More sharing options...
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