Plan Sponsor Amendment after stock purchase of thte Plan

[LMOC]

A company sponsoring AB 401(k) Plan was bought out (stock purchase - 100%) by another company in January 2014. The AB 401(k) Plan remained separate, but the AB 401(k) Plan was not amended to update the new Plan Sponsor. It still has not been updated. AB 401(k) Plan will merge into another Plan as of 6/1/2015 because the company that purchased AB Plan was itself bought out (stock purchase – 100%) later in 2014. Any thoughts on corrections?

[jpod]

What needs to be corrected? Did the plan sponsor change? If Company X is plan sponsor of Plan A there is no plan sponsor change just because Company Y buys stock of Company X, unless after purchase Company X was merged into Company Y and disappeared, but even if that did occur it is itself no big deal from a tax qualification perspective.

[LMOC]

jpod -

Company X did merge into Company Y and disappeared. Company X employees started to be paid under Company Y and Company Y cease to exist. I get your point. Thanks so such!