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Can an employer maintain its own 401(k) plan and participate in the Elevator Constructor Annuity 401(k) Retirement Plan?

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Can an employer maintain its own 401(k) plan and participate in the Elevator Constructor Annuity 401(k) Retirement Plan?

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Yes but it is very complicated. Participating in two 401(k) plans should only be done after consultations with attorneys for both plans.

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