>Revenue Ruling 2004-11, issued by the Internal Revenue Service (IRS), provides a before and after acquisition and disposition example of a plan’s status in regards to nondiscriminatory contribution and benefits. In addition, the ruling speaks to implications during the transition period.
>In fact, this issue has so many nuances that the Service and the Department of Treasury are considering handing down addition guidance in relation to these provisions. As such, the two are soliciting comments on what guidance is needed on the appropriate resolution of the issues.
A copy of Revenue Ruling 2004-11 can be found at http://www.irs.gov/pub/irs-drop/rr-04-11.pdf .