Carpenter Morse Group
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Central Pension Fund of the IUOE
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Prime Pensions, Inc.
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Retirement Plan Legal Specialist Pentegra
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Nova 401(k) Associates
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Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc.
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Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc.
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Trucker Huss, A Professional Corporation
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United 401(k) Plans, Inc.
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Nicholas Pension Consultants
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Bates & Company
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Retirement Plan Relationship Manager ERISA Services, Inc.
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Central Pension Fund of the IUOE
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Compass Retirement Consulting Group, Inc.
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Retirement, LLC
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Question 285: If you have a controlled group situation with only the owner in both organizations, must the compensation from each entity be used for plan purposes? Or, because there are no NHCEs, can one of the entities establish a plan and not include the compensation from the other entity? |
Answer: The answer depends on how you are using term "compensation." Let me explain, with references to the 4th edition of my book, Who's the Employer?. (Subscribers can click to view online the text of these references.) |
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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