Can plan document of Parent corp's defined contribution plan exclude e

[Moe Howard]

Corp P (parent) owns 100% of Corp S (subsidiary), an obvious controlled group. Corp P has a retirement plan.... Corp S has no retirement plan. In which of the following type plans of Corp P may the Corp P's "plan document" exclude employees of Corp S from eligibility in P's plan ?

1) Standardized profit sharing plan

2) NonStandardized profit sharing plan

3) Standardized profit sharing plan -- with 401(k) feature

4) NonStandardized profit sharing plan - with 401(k) feature

[R. Butler]

Assuming coverage requirements are met I don't see why you couldn't exclude the subsidiary under a nonstandard prototype. You cannot exclude them under a standard prototype.

There is a general discussion about difference between standard and nonstandard prototypes in the Prototype Q&A #1.