Opinion ID: 767322
Heading Depth: 2
Heading Rank: 3

Heading: applicability of the various parts of erisa

Text: 21 Section 1003 provides for the general applicability of ERISA to employee benefit plans, a term which includes employee pension benefit plans. 4 29 U.S.C. SS 1002(2)-(3) and 1003. 22 ERISA SS 201 and 301, 29 U.S.C. SS 1051 and 1081, provide for the general applicability of Parts 2 and 3, 29 U.S.C. SS 1051-86, subject to some limitations. In relevant part, these sections exclude IRAs which meet the definition set forth in Internal Revenue Code S 408. 5 Therefore, it is necessary to determine whether the Plan qualifies as an IRA under I.R.C. S 408.