Central Pension Fund of the IUOE
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Carpenter Morse Group
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Nicholas Pension Consultants
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Retirement Plan Legal Specialist Pentegra
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Retirement, LLC
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Central Pension Fund of the IUOE
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Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc.
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Prime Pensions, Inc.
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Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc.
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Nova 401(k) Associates
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Bates & Company
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Retirement Plan Relationship Manager ERISA Services, Inc.
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Compass Retirement Consulting Group, Inc.
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Trucker Huss, A Professional Corporation
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United 401(k) Plans, Inc.
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Question 262: Wife & Husband are both medical doctors. They have separate offices, separate businesses and separate profit-sharing plans, but they share 3 employees. These 3 employees would work over 1,000 hours if one combines the hours between the 2 offices, but they do not work over 1,000 hours at either office. Should they be covered by one of the profit-sharing plans? |
Answer: In responding to your question, I will refer to my book, Who's the Employer?. (Subscribers can click to view online the text of references to sections in the book.) |
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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