Guest Karen Geiger Posted May 1, 2000 Posted May 1, 2000 We have a client who is dissolving its for-profit subsidiary. As a result, the 401(k) plan sponsored by the subsidiary will be terminated. The client would like to distribute the 401(k)'s assets upon termination. The client, however, sponsors a 403(B) plan, which all of the for-profit employees will be immediately eligible for once the for-profit subsidiary is dissolved. Will the 403(B) plan be considered a "successor plan" for 401(k)(10)(A)(i) purposes?
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