Hessel & Associates, LLC
|
Nicholas Pension Consultants
|
Sentinel Benefits & Financial Group
|
Retirement, LLC
|
Junior Implementation Specialist - 401(k) Administration Ubiquity Retirement + Savings
|
Sr. Retirement Plan Administrator Tycor Benefit Administrators, Inc.
|
NFL Player Benefit Office
|
Sentinel Benefits & Financial Group
|
Senior Actuarial Analyst/ Project Manager Van Iwaarden Associates
|
Defined Benefit Pension Consultant The Ryding Company
|
Senior Administrator / Site Manager Nicholas Pension Consultants
|
Defined Benefit Plan Consultant Sentinel Benefits & Financial Group
|
Retirement, LLC
|
Senior Retirement Plan Administrator Enhanced Retirement Solutions
|
United Benefit Pensions Inc.
|
Manager - Defined Contribution Plans M2B Retirement Consulting LLC
|
Compliance Analyst - 401(k) Administration Ubiquity Retirement + Savings
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
Question 145: A owns 100% of a building contractor corp, 50% of a painting corp and 50% of a bricklaying LLC. The other half of the painting corp and the other half of the bricklaying LLC are owned by two people unrelated to A. The building contrator corp performs all administrative functions (payroll, hiring, and billing as well as actual day to day management) for all three companies. Can I call these entities a single employer for purposes of sponsoring a 401(k) plan-- using a prototype, discrimination testing, etc.? |
Answer: You can call them whatever you like. Call them "George" if it suits you. But when you test them, you had best test them as though they were separate entities, because they are. |
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.
Related links: |