Defined Contribution Plan Administrator Pension Investors Corp of Orlando Inc
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Retirement Plan Relationship Manager Prosperity Advisors, LLC
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Advanced Plan Designs, LLC
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Plan Compliance Analyst (administrator) RPA
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Manager/Supervisor of Benefits and Payroll Compensation Virginia Farm Bureau
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Southern Pension Services
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Quantech Pensions LLC
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Carpenter Morse Group
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Pension Rights Center
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Definiti
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Southern Pension Services
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Howard Simon & Associates
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Small NY Actuarial TPA Firm
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Question 171: Does Rev. Proc. 2002-21 have any impact on a division of a company if the company has determined that the employees of the division are common law employees of the company and participate in the company's qualified plan, even though the employees are leased from a PEO? | |
Answer: No. These folks are doing just what they should be doing and can go ahead without change. Rev. Proc. 2002-21 affects single employer plans adopted by PEOs. Accordingly, it has ramifications for a sponsoring PEO, for the participants in the PEO's plan, and for the COs for whom those participants perform services.
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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.
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