Partial Plan Termination - Controlled Group of Corps with 2 plans ( 1

[Guest HFOSTER]

I have 2 companies each with their own 401(k) plan that are a considered to be part of a controlled group of corps. One company in the group has had a significant reduction in force. Do the participants in that compnaies 401(k) plan need to be fully vested even if the controlled group of corporations when combined do NOT have a significant reduction in force?

[david rigby]

I asked a similar question previously:

http://benefitslink.com/boards/index.php?showtopic=16238

[Guest HFOSTER]

so it is a plan basis - that is not the answer I was hoping for - but thanks anyway!

[david rigby]

Don't forget that a partial termination has only one impact: award 100% vesting to affected participants. Those not in the RIF would not be affected.