Lawrence

Larry: I appreciate your suggestion of Derrick Watson's book.I have an older copy. Unfortunately I was unable to determine the needed answer from the book examples and got hung up on re-attribution. The 318 section of the book is also available online at http://employerbook.hypermart.net/Reg318.htm

Daycare ,solely owned by single parent through 100% ownership of Corp stock, has a 401k plan that allows for deferrals and profit sharing with immediate eligibility. Single Parent hires her three children, ages 23, 21, 19, who all immediately begin deferring salary. Do the Section 318 stock attribution rules apply from the parent to all three children such that all three children are Key employees as well as the parent. OR can the parent's 100% ownership of the stock only be attributed to one child?

See the PTE D-11845, Rosetree & Company 401(k) Plan and Trust. Simlar situation -- not exactly the same 2017-08687 PTE ON PERSONAL GUARANTEE OF LOAN IN REAL ESTATE.pdf

One participant plan owns real estate that is rented out. An organization filed a complaint against the property manager and the 401k as the owner of a house. Are attorney fees a settler function or can the plan pay the attorney fees?

Do participants with no balance and no account who are eligible but contributing at 0 % need to be given the quarterly statement as well as those participants with balances or accounts?

Sole proprietor has a Safe Harbor 401k plan and has himself and the two other employees participating. Employer forms a C Corp and starts a new Safe Harbor 401k plan, terminating the Sole Proprietorship and Sole Prop 401k plan and transferring all employees and balances to the Corp 401k plan. Employees are doing the same jobs as before. "Same Desk" Is my understanding correct that service with Sole Prop plan transfers to the Corp plan?