Multiple Employer Plan. A Plan which has two or more contributing sponsors (including any Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.
Multiple Employer Plan. Section 2.11(f),.................... 17
Multiple Employer Plan. Is this Plan a Multiple Employer Plan as defined in Section 1.81 of the Plan? (See Section 16.07 of the Plan for special rules applicable to Multiple Employer Plans.) 🞎 (a) Yes 🗹 (b) No
Multiple Employer Plan. (10.01/10.02/10.03). The Employer makes the following elections regarding the Plan’s Multiple Employer Plan status and the application of Article 10 (Choose (a) or (b).):
Multiple Employer Plan. As of the Closing Date, Borrower does not participate in any “multiple employer plan” within the meaning of Section 413 of the Code.
Multiple Employer Plan. 20 Parent........................................................................1
Multiple Employer Plan. “Multiple Employer Plan” shall mean (A) a “multiple employer plan” within the meaning of Section 413(c) of the Code or Section 3(40) of ERISA, or (B) a plan which if maintained or administered in or otherwise subject to the laws of the United States would be described in paragraph (A).
Multiple Employer Plan. Note: The IRS has not reviewed the provisions of this Article 10, and the Employer cannot rely on the Advisory Letter with regard to the qualification of the Plan under Code §403(b). The Practitioner does not represent that this Article 10 meets the requirements of applicable law and bears no responsibility for any actions of the IRS related to Article 10. The Employer must consult an independent tax advisor prior to selecting Election 45(b).
Multiple Employer Plan. 23 Option............................................................................................................3 Options...........................................................................................................3
Multiple Employer Plan. If, after a Co-Sponsor becomes a Former Related Employer, its Employees continue to accrue benefits under this Plan, the Plan will be treated as a multiple employer plan to the extent required by law. So long as the discontinuance procedures of this Section are satisfied, such treatment as a multiple employer plan will not affect reliance on the favorable IRS letter issued to the Prototype Sponsor or any determination letter issued on the Plan.
