SF or EZ?

[retbenser]

Given: Profit Sharing Plan. Current employees are Owner Husband and Wife. No other employee.

However, the parents of the husband worked before but terminated years ago. Account balance of parents are still in the trust account.

Question: Is this a one-participant plan? Is this an SF or EZ filing?

Thanks for all responses.

[ETA Consulting LLC]

A balance in the plan is equivalent to being a part of the plan. Until that balance is paid to the parents, then this would be an ERISA plan; unless one of the parents is a direct owner.

Good Luck!

[retbenser]

A balance in the plan is equivalent to being a part of the plan. Until that balance is paid to the parents, then this would be an ERISA plan; unless one of the parents is a direct owner.

Good Luck!

Thanks.