A qualified person is any of the following:
(1) a fiduciary of the plan;
(2) a person providing services to the plan;
(3) an employer, any of whose employees are covered by the plan;
(4) an employee organization, any of whose members are covered by the plan;
(5) any direct or indirect owner of 50% or more of any of the following:
the combined voting power of all classes of stock entitled to vote, or the total value of shares of all classes of stock of a corporation that is an employer or employee organization described in (3) or (4);
the capital interest or profits interest of a partnership that is an employer or employee organization described in (3) or (4); or
the beneficial interest of a trust or unincorporated enterprise that is an employer or an employee organization described in (3) or (4);
(6) a member of the family of any individual described in (1), (2), (3), or
(4) (i.e., the individual’s spouse, ancestor, lineal descendant, or any
spouse of a lineal descendant);
(7) a corporation, partnership, trust, or estate of which (or in which) any
direct or indirect owner described in (1) through (5) holds 50% or more of any of the following:
the combined voting power of all classes of stock entitled to vote or the total value of shares of all classes of stock of a corporation;
the capital interest or profits interest of a partnership; or the beneficial interest of a trust or estate;
(8) an officer, director (or an individual having powers or responsibilities
similar to those of officers or directors), a 10% or more shareholder, or highly compensated employee (earning 10% or more of the yearly
wages of an employer) of a person described in (3), (4), (5), or (7);
(9) a 10% or more (in capital or profits) partner or joint venture of a person described in (3), (4), (5), or (7); or
(10) any disqualified person, as described in (1) through (9) above, who
is a disqualified person with respect to any plan to which a multiemployer plan trust is permitted to make payments under section 4223 of ERISA.