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The client would be purchasing a division or an entity including building employees etc..

If an entity purchases another division and wants to merge the existing 401(k)/retirement plan into their existing plan, what steps can they take to limit the purchasing entities fiduciary and liability exposure if the merging plan was not run correctly?

I have a participant who is still employed and at NRA in a Profit Sharing Plan. She would like to take a distribution but the plan document does not allow for in-service distributions. I have looked in the Pension Answer Book and the 401(k) Answer Book to see if this is allowed because I am being told that the is an "unwritten rule" (LOL) that allows participants at NRA to take their money out of the plan. Can someone point me to the answer? Thank you.