change of Plan Sponsor

[Chippy]

My current plan has 3 participating companies, all part of a controlled group.   The plan sponsor and two other companies.     The sponsoring company and one of the participating companies was sold, with one company remaining.     

Can I amend the plan so the remaining company becomes the plan sponsor?    

[Bill Presson]

Yes.

[david rigby]

When you say "my plan..." and "can I amend...", wouldn't the answer depend on the meaning of those pronouns?

[Chippy]

By "My" plan, I mean 'im the TPA.    

[Larry Starr]

12 hours ago, Chippy said:

My current plan has 3 participating companies, all part of a controlled group.   The plan sponsor and two other companies.     The sponsoring company and one of the participating companies was sold, with one company remaining.     

Can I amend the plan so the remaining company becomes the plan sponsor?    

Of course you can; just think what the results would be if you could not!

[jpod]

When you say they were "sold," how were they sold (stock/equity purchase or merger or asset purchase) and what if anything did the acquisition agreement(s) say about the plan?