dmb Posted July 31, 2012 Posted July 31, 2012 A controlled group situation will become a multiple employer situation. The plan is a cross-tested profit sharing plan. The question is can the employers be tested separately as if two distinct plans? Thanks.
ETA Consulting LLC Posted July 31, 2012 Posted July 31, 2012 A controlled group situation will become a multiple employer situation. The plan is a cross-tested profit sharing plan. The question is can the employers be tested separately as if two distinct plans? Thanks. They can do that now under restructuring. When they become unrelated, then they "must" test employees of each employer separately. Good Luck! CPC, QPA, QKA, TGPC, ERPA
dmb Posted July 31, 2012 Author Posted July 31, 2012 A controlled group situation will become a multiple employer situation. The plan is a cross-tested profit sharing plan. The question is can the employers be tested separately as if two distinct plans? Thanks. They can do that now under restructuring. When they become unrelated, then they "must" test employees of each employer separately. Good Luck! That's right, the transition period. Forgot about that. Thanks.
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