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Controlled Group status (100% of Company A and 50% of company B)


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Posted

Please advise if this is a control group.  Your assistance would be greatly appreciated. 

Company A- has 1 owner                    (has employees other than owners)

John Doe   owes 100%       

Company B -has 2 owners                              (has employee)s other than owners)

Owner 1  John Doe owes 50%

Owner 2    Bob Jones owes 50% (friends only)

Posted

Agreed. This is not a controlled group.

If, however, the true question is whether these companies are related employers for retirement plan purposes,  the inquiry should continue with questions whether they are part of an affiliated service group.

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