paulaknake

Missed contributions

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paulaknake    0

Can anyone offer suggestions on the best way to handle missed contributions? I have an employee who should have been enrolled in a 401(a) plan (non-ERISA) requiring an employee contribution and an employer match. Due to an administrative error, the employee was never enrolled and we have to make-up 3 years.

Can the adjustment be made currently or do we have to go back and retroactively amend tax forms?

Thanks.

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Are you talking about a 401(a) plan or a 457 plan? This is in the 457 topic, but appears not to relate to a 457 plan.

Since you say it's a non-ERISA plan, what kind of plan is it? Governmental? Church? We have forums for both governmental and church plans, so you might want to post in the appropriate one.

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