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Non-eligible employees enrolled in plan


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Guest beachday
Posted

Employees who are part of the Employer's control group but not employed by one of the Plan's participating employers were enrolled in the Plan in error. The employees should have been enrolled in their employer's plan held by a different recordkeeper.What is the best way to move these participant account balances out of the Plan and into the correct plan? This situation seems too far removed from the inclusion of ineligibles based on age and service requirements contemplated by EPCRS so I am wary of applying those principles to this situation.

  • 1 month later...
Guest timeout
Posted

Sounds like Plan A has included ineligibles, and Plan B has excluded eligibles.

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