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Posted

Why would someone have two separate plans, for Davis Bacon, one for everyone else.

-Plan is not top-heavy

-Audit is not an issue (i.e., the immediate eligiblity issue)

Austin Powers, CPA, QPA, ERPA

Posted

I've taken over several plans in that condition. Sometimes there was a plan drafting issue (limited prototype language) that prevented having one plan and other times it was just plain ignorance. Where there has been the opportunity, I just merged the plans if there was no objection from the plan sponsor.

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