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Substantial owners plan

  • Opinion Letter 75-19

    Addresses the Professional Service Employer plan and Substantial Owner plan coverage exemptions.

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  • Opinion Letter 77-128

    The only participant entitled to be credited with service or receive a benefit under the plan has continuously fallen within the definition of a "substantial owner.”

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  • Opinion Letter 75-39

    A plan maintained exclusively for substantial owners is exempt from coverage under Title IV.

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  • Opinion Letter 77-139

    A plan with a participant who is the sole stockholder meets the Substantial Owner exemption from plan coverage under Title IV.

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  • Opinion Letter 77-161

    A proposal to allocate post termination gains in plan assets to increase a participant’s benefits is not permissible.

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