Topic Archive: Transfers

How Do We Report a Plan Merger on Form 5500?

DWC | 11/7/17

Facts

Our company sponsors two separate 401(k) plans, each of which covers a different group of our employees. Due to some internal changes, we now want to merge those plans so that we only have a single plan, covering all of our employees.

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What's the Difference Between 401(k) Transfers and Rollovers?

DWC | 10/31/17

Facts

Our company sponsors two separate 401(k) plans. One covers salaried employees, and the other one covers hourly-paid employees. From time to time, employees change from hourly to salaried and vice versa. When they change job classifications, they also change plans so that they are always in the plan that aligns with their job class.

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