Controlled Group - 5500 Filing

[MBCarey]

I have an client who owns two companies and are hwat is called a Limited Liability Company part of a controlled group. There are two separate documents that are identical to each other with the exception of the effective date (one company has always had a plan and the other just started one).

For testing purposes, I tested the employees together (less than 20 employees combined). Is this the correct thing to do?

And, should there be one 5500 or two?

Thanks

[Blinky the 3-eyed Fish]

You ask is testing the plans together the correct thing to do. My answer is maybe. It would be allowable, but the testing results may be worse than if they were tested separately. I don't know the situation.

As for your other question, I will answer it with a rhetorical question. How many plans are there?

[MBCarey]

Blinky,

There are two plans with two adoption agreements.... I used the testing for both plans together for the Schedule T? But am filing two 5500's. I hope this is the correct methodology.

mb

[Blinky the 3-eyed Fish]

It is.