"True up" matching contributions under a standard plan
5 replies to this topic
Posted 30 November 2001 - 02:36 PM
I am not following the question? To avoid the true-up the document should define match compensation on a payroll basis (or something to that effect). If match compensation is defined over the entire plan year or the portion in which the employee is a participant (or something to that effect), true-up match must be given.
Posted 30 November 2001 - 03:16 PM
Ok, so then it does not matter if you are dealing with a standard plan or not, it just depends on the option chosen in the document. (are you the moderator of this board. thanks whoever you are). Are you able to answer the other question I posted today about earnings on match forfeited due to return of excess contributions?