AFoodman
Jan 14 1999, 03:48 PM
We are adding 2 or 3 new subsidiaries with the same benefit plans as parent but different eligibility requirements. How do I set this up? Do I need to have seperate plan docs for each company, or can I just amend for the new subsidiaries?
AllanB
Jan 24 1999, 04:18 PM
You should only have to have one plan, but the participating related employers, parent and subsisdiaries, have different elgiblity requirements. You should line out the differences in a what we call a participating employer agreement and as well as in the SPD.