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One owner has 4 separate businesses, all somewhat related, working at the same location, but separate employees.  single or multiple employer plan? I'm thinking Single.

Posted

What does "somewhat" related mean?

Are all four businesses owned 100% by the same person? Then they are all part of the same controlled group.

Did all four businesses in the controlled group adopt the same plan? If there are no other adopting employers outside the controlled group, it is a single employer plan.

Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance.

Corey B. Zeller, MSEA, CPC, QPA, QKA
Preferred Pension Planning Corp.
corey@pppc.co

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