Have a plan that is sponsored by a member of a CG

Senorio:

Part A works for a subsidary of the the CG and is a 10% owner of this subisary.

Part A has no ownership in Employer that Sponsors plan (parent corp) Parent Corp owns 90% of sub that Part A works for

For MRD rules - would Part A be considered a > 5% owner, whereby requiring MRDs?

My gut says yes!

Your gut is right.

Thanks