Guest beachday Posted November 19, 2002 Posted November 19, 2002 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.
Guest timeout Posted December 23, 2002 Posted December 23, 2002 Sounds like Plan A has included ineligibles, and Plan B has excluded eligibles.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.