Benefits Vet Posted September 24, 2021 Posted September 24, 2021 Controlled group situation- the entity within the control group that sponsors the retirement plan is being sold. Client wants to "transfer" the sponsorship of the plan to one of the remaining entities within the group. How would we handle the change in the EIN of the sponsor of the Plan when filing the 5500?
C. B. Zeller Posted September 24, 2021 Posted September 24, 2021 Line 4? Benefits Vet 1 Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co
chc93 Posted September 24, 2021 Posted September 24, 2021 1 hour ago, C. B. Zeller said: Line 4? This is how we've always done it.... Benefits Vet 1
msmith Posted September 27, 2021 Posted September 27, 2021 Agreed. Make sure the Plan Document is in order as to the new Plan Sponsor and update the SPD. Luke Bailey 1
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