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MGKS
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Hicks Pension Services
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Retirement, LLC
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EPIC RPS
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Primark Benefits
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Manager - Defined Contribution Plans M2B Retirement Consulting LLC
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Aimpoint Pension
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Question 218: Company A owns 100% of Companies B and C. Company D is owned 50% by Company A and 50% by an individual who has no ownership in Companies A, B and C. Company A has no employees. This is a construction company. Can a plan be established covering the employees of Companies B, C, and D? Would this be considered a controlled group? or some kind of multi-employer or multiple employer plan? All 4 companies are corporations. |
Answer: This is a multiple employer plan under IRC 413(c). |
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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