Archimage
Dec 5 2002, 11:42 AM
First time I have had to file a 5500 for a controlled group. I have one controlled group with every company adopting the same plan. Do I file one 5500 for the plan or a 5500 for each member of the controlled group?
JanetM
Dec 5 2002, 04:25 PM
We file one 5500 - parent company sponsors plan and all subsidaries have adopted as participating employers. Do this with 401(k) and separate profit sharing plan.
Archimage
Dec 5 2002, 04:39 PM
That was my feeling and the 5500 instructions seem to indicate this also. Thanks for the assurance!
Archimage
Dec 6 2002, 02:36 PM
Would anyone feel different with this scenario. There is one plan document. In the plan document there is an different allocation formula for each controlled group employer. This got me to thinking that you could perceive this as being as more than one more plan thus requiring a 5500 for each employer. Any thoughts are appreciated.
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