Guest johnk4 Posted May 15, 2001 Posted May 15, 2001 What are the transition issues to be considered in a 401(k) Plan spinoff?
Jon Chambers Posted May 16, 2001 Posted May 16, 2001 At the risk of seeming glib, that's like asking what are the engineering issues in building a nuclear power plant. If your spin off is large, I suggest you engage a qualified consultant to help you through the process. There are numerous investment issues, tax qualification issues, employee communications issues, reporting issues, systems issues, etc. Jon C. Chambers Schultz Collins Lawson Chambers, Inc. Investment Consultants
KIP KRAUS Posted May 16, 2001 Posted May 16, 2001 Jon Chambers: Since you brought it up, the engineering issues involved in building a nuclear power plant are; oh never mind.
Guest johnk4 Posted May 16, 2001 Posted May 16, 2001 I was not expecting free consulting. Just a list of bullet points of issues to consider.
david rigby Posted May 16, 2001 Posted May 16, 2001 Fair enough. Regular users of this site would probably agree with my assesment that BenefitsLink is the best information sharing website in the Employee Benefits arena. Therefore, an easy way to begin addressing your question might be to do a search on the Message Boards. You could also do a search on the entire website: http://benefitslink.com/ Perhaps some of these will help. Then Message Board users will be glad to try helping with more specific questions. Hang in there! I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Guest Posted May 17, 2001 Posted May 17, 2001 Pax, I would agree with you about your comments about this web site. You might get some disagreement from those using PIX. They have some top notch people using that info system as well. Wouldn't want to shortchange those folks! Both systems have their advantages/disadvantages I suppose. I much prefer the set up on Benefits Link.
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