Frederikstad & Moss Entity (FME) smelts copper and manufactures corrugated copper sheets to be shipped to other manufacturers. FME owns Pitney Mining Entity (PME), which mines copper ore. FME also recently acquired Sharpsbourg Smelting. All of these companies share a post-retirement defined benefit fund. This cannot be considered a multi-employer plan.

Question

Quizplus · Accepted Answer

FME, PME, and Sharpsbourg Smelting are all owned by the same parent company and share a post-retirement defined benefit fund. Therefore, this cannot be considered a multi-employer plan.

Frederikstad & Moss Entity (FME) Smelts Copper and Manufactures Corrugated