Message Boards Digest

September 7, 2021

Here are the most recently added topics on the BenefitsLink Message Boards:

Jakyasar created a topic in Retirement Plans in General

Transfer to Qualified Replacement Plan (QRP) - Subject to Spousal Annuity Rights?

"DB plan terminates and provides all participants their benefits. Some rolled over into IRAs and some to the existing 401k/PS plan. The residue, i.e., the overfunded portion, is transferred to the QRP under the terms of the plan. It will be allocated as profit sharing to all participants. Upon distribution, is the portion under QRP subject to QJSA? (If it is, best if all assets are subject to it, otherwise a nightmare to keep track of the assets.)"

2 replies so far   |    Click Here to Add a Reply

SPARK Forum - November 7-9, 2021 -- The Breakers, Palm Beach, FL

Sponsored by SPARK
3 days packed with actionable insights for advisors, recordkeepers and plan providers. Explore latest trends, strategies and ideas to lead through disruption. Join the retirement event with the most senior audience and network with purpose. Register Now.

mkaufman created a topic in 401(k) Plans

Controlled Group Question

"I had a sole-prop some time back and had a self-employed 401k plan with Fidelity with EIN of sole-prop. Then I created a s-corp and just used the same plan - changed EIN to S-corp, Name to a generic name - MKK-Plan. All good, no issues. I was thinking of shutting down the sole-prop but never did.

Now, one of my clients (for whom I do most of my work) has changed their policy and want me to handle task based on sole-prop and NOT through my s-corp.

Since I own both entities - S-corp and sole-prop, I'm assuming this becomes a control group and I can make contributions and profit share based on sole-prop earnings to the MKK_Plan as well.

When making contributions, Fidelity asks for Employer Name and EIN and I assume, I'll still put in the S-corp name and EIN since that entity is Plan Sponsor, is that correct?

Where on 5500 do I indicate that this is a control group? 5500 instructions suggest that I'm still a Single-Employer plan, is that right?"

No replies yet   |    Click Here to Add a Reply

Here are the most recently posted jobs on, a service of BenefitsLink:

View job as Quality Assurance Manager

Quality Assurance Manager  View details

Nova 401(k) Associates
Remote / Houston TX / Dallas TX / Scottsdale AZ

View job as Senior Account Analyst

Senior Account Analyst  View details

Nolan Financial
Remote / Bethesda MD

View job as Account Representative

Account Representative  View details

Nolan Financial
Remote / Bethesda MD

View job as Retirement Plan Consultant

Retirement Plan Consultant  View details

Retirement Plan Advisory firm
Perrysburg OH / Cleveland OH / Glenview IL

View job as Retirement Plan Administrator

Retirement Plan Administrator  View details

Premier Plan Consultants
Remote / San Diego CA

View job as Director, Marketing

Director, Marketing  View details

Remote / New York NY

►View More Jobs

►Post a Job

►Get Instant Job Alerts, Inc.
56 Creeksong Road
Whittier NC 28789
(407) 644-4146

Lois Baker, J.D., President
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager

Copyright 2021, Inc. All materials contained in this mailing are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.

Links to web sites other than and are offered as a service to our readers; we were not involved in their production and are not responsible for their content.

Unsubscribe | Privacy Policy