Guest CRA Posted September 9, 2003 Posted September 9, 2003 I have four sub-S corporations that participate in one 401(k) plan. The plan sponsor (one of the sub-S corps) split from the other three sub-S corps split effective 1/1/2002. The three remaining sub-S corps continue to operate as a group. However, the plan sponsor has moved their portion of the plan assets to another broker. The questions that surround this situation are numerable, but we basically need to know if this split constitute a distributable event? I am happy to provide more info, if needed. Thanks for any input!
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