Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Quality Assurance Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

Plan Compliance Analyst (Administrator)


RPA logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Successor Plan Problem When Starting New Plan Because Revenues Have Picked Up?
BenefitsLink Message BoardsLink to more items from this source
Dec. 10, 2021

"Have a client who had to wind down his business, terminated the firm's PS/401(k) plan (5 people, if that matters) in 2020. Last distribution was made 2/19/2021 and a final form has been filed. This was not related to COVID. Business has started to come around. They would like to adopt a Profit Sharing Plan for 2021. Would this violate the Successor Plan rule?"

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.