Gary Posted March 19, 2009 Posted March 19, 2009 Does this reporting only apply to large plans? That is, a certain size or asset value or amount of underfunding? I know it references AFTAP under 80%. Thanks.
Andy the Actuary Posted March 19, 2009 Posted March 19, 2009 Does this reporting only apply to large plans? That is, a certain size or asset value or amount of underfunding?I know it references AFTAP under 80%. Thanks. It appears to apply only to members of a controlled group and not to single employers. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Gary Posted March 19, 2009 Author Posted March 19, 2009 Yes, but what about the situation where an individual wholly owns two companies with a total of say only 5 employees?
Guest TammyS Posted April 28, 2009 Posted April 28, 2009 Does this reporting only apply to large plans? That is, a certain size or asset value or amount of underfunding?I know it references AFTAP under 80%. Thanks. It appears to apply only to members of a controlled group and not to single employers. Andy Where do you see that it only applies to members of a controlled group? I want that to be the case. In the section of the model annual funding notice, it says "...members of a controlled group, if any.."
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