QSLOB Election - Who is the employer?

[Trisports]

Our client is a controlled group who acquired a new entity last year. The client determined they can operate the new entity as a QSLOB.  Who should be listed on the Form 5310-A as "the employer""? The parent company or the new entity?

[Bill Presson]

We file it with the parent company as the employer. Then on lines 11 & 12 we list each QSLOB. Your client will be one QSLOB and the new entity will be another. They both have to qualify.