Guest Posted August 16, 2000 Share Posted August 16, 2000 PJK, Lets try this one more time . . . Ah, the heck with it! Please see Jon's note on this same page. He explains (as I did in my note to you) how we ended up on this tangent. Link to comment Share on other sites More sharing options...
Guest Ella Posted October 18, 2001 Share Posted October 18, 2001 If you have employees transferring to foreign subsidiaries and also foreign citizens transferring to the U.S. from those subs, can you solve some of the problems with offshore plans? Can you name some knowledgeable consultants or vendors of offshore plans? Link to comment Share on other sites More sharing options...
Guest Jay Van Heyde Posted October 18, 2001 Share Posted October 18, 2001 So if the UK employee was required to be included in the 410(B) test since he is a non-resident US citizen, would he be included in the 401(k) plan's ADP test? If he was, how would you compute his deferral ratio, since the denominator (his compensation) is zero. My faint recollection of high school math is that if the denominator of a fraction is zero, the percentage is not zero. Link to comment Share on other sites More sharing options...
Guest Ella Posted October 19, 2001 Share Posted October 19, 2001 I don't know the answer. We are just getting into this. However, our testing situation is very good. We have less than 30 non contributors out of about 1000 eligible. HCEs have been able to defer 11%. (Our match is 200% of the first 3%). There probably will not be enough Expats to impact testing however they are treated. We need to get a better understanding of the pros and cons of Expats participating in our plans and of providing offshore plans instead. Do you have any experience there? Link to comment Share on other sites More sharing options...
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