Controlled Group / Active or Term'd Participants?

[Guest notapensiongeek]

We are preparing a Form 5500 for a plan that is a members of the controlled group. In this particular 401(k) plan there are two employees who have separated from service from this employer; however, the two employees are still actively employed by members of another related employer in the controlled group. On the 5500, do we report these two employees as "active" or "terminated"? I can see either way making sense (and I've seen it reported both ways) but I don't know which one is correct.

Any input would be greatly appreciated.

Thanks!

[K2retire]

Are both employers part of the plan?

[Guest notapensiongeek]

There are separate 401(k) plans for each employer.

[K2retire]

Then I would lean toward showing them as terminated in the plan they are leaving.