5500 MEP Schedule "Other" Blank in Part I Describing Type of MEP

For plans that are MEPs because the employers are related in a way but do not fit together as an affiliated service group or controlled group, what wording should be used for the blank on the new MEP Schedule in Part I1(d)?  Derrin Watson has described these employers as "kissing cousins" and of course, we wouldn't use that unofficial terminology, but, we want to make sure to use appropriate wording.  What is everyone else using?  I do believe it at least needs to mention "defined contribution plan".  Thank you.

It is easy to overthink filling in a blank line explaining what Other means.  I agree something should indicate it is a defined contribution plan.

Here a some examples the may trigger some creative thoughts:

• 401(k) with multiple companies
• DC plan for ## participating companies
• ## companies covered by this Profit Sharing Plan

If you decide on a style, it will save time when completing forms for other clients that use the Schedule MEP.

I'm open to suggestions because I've found absolutely no guidance, but we have entered "Closed MEP for related employers".  All of our closed MEP's are 401(k) plans.  Since we are completing Part II, line 2d, which is only applicable to DC plans, I didn't see the need to state anything more on line 1d.

Not saying it is right or wrong (since no guidance) but one of our clients used "Defined contribution plan adopted by multiple employers with common ownership" while another simply used "Defined contribution plan adopted by multiple employers"

Thank you all.  This is helpful, glad to see I didn't miss guidance on this, although, it would have been nice to have it.  We'll proceed with a blend of the wordings you have suggested.