Multiple employers

[Guest ramay]

Employee works for both employers in a multiple employer count. For the 5500 participant counts, these employees are only counted once right?

[pmacduff]

We have a MEP with 60 - 70 employers...since each Employer Plan is viewed almost as a "micro plan within the plan", we would count the person separately under each Employer as applicable. The participant reflects a balance separately under each Employer in the pension software, another reason we count them separately.

I don't have any cites for you, but I can tell you that this particular MEP has had 2 different IRS random audits and passed both with flying colors!