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New LLC, Sole Prop to Dissolve


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Posted

Sole Prop's owner formed an LLC and owns 100%. When the Sole Prop dissovles this year, all employees will work for the LLC. What happens to the plan?

Posted

We would either add the LLC as an adopting employer (if both entities were active during the year) or just change the sponsor to the LLC.

Ed Snyder

Posted

That was my initial reply when asked. Thanks for your response! ;)

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