eilano Posted November 19, 2003 Posted November 19, 2003 Company A has profit sharing plan A and Company B has profit sharing plan B. The companies merged together (Company C) from Feb 1, 2003 to August 2003 and then split again into Company A and Company B. Company C never maintained a retirement plan. Company B is now asking how do they fund their individual plan? The employees actually have 600 hours with Company B (rest of time and compensation is with Company C). Company B's plan has 1000 hour / last day rule. Company A has the same issue.
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