maverick Posted September 24, 2002 Report Share Posted September 24, 2002 Situation: - 401(k) safe harbor plan, 1/1 - 12/31 plan year - Company sold 6/02, plan terminated - Notice of elimination of s.h. 3% ER contribution provided timely My ERISA outline talks about s.h. plans and the reqr for a 12 month plan year, and mid-year elimination of the s.h. contribution. It does not specifically address a plan termination. So, in this scenario, can we still take an automatic pass on the ADP/ACP tests? Thanks. Maverick p.s. Of course, the ADP test fails miserably, and most of the people have already been paid out. Link to comment Share on other sites More sharing options...
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