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Showing results for tags 'small employer'.
Employer ABC sponsors a 401k plan. There are 3 participants. ABC sells practice location #1 of 2 to an employee Z (Non-HCE). The new owner Z does not continue the ABC Plan as a result of buying the practice location #1. Is this a partial plan termination and should Z's account in ABC 401k be 100% vested?
A small employer (church) with less than 15 W-2 employees offers health benefits to their full-time, salaried employees. They have two hourly employees that work about 30-35 hours during a 9-month period of time. My understanding was they would need to be offered health benefits. Do you agree and could you provide regs to support this?