thepensionmaven Posted Wednesday at 02:38 PM Report Share Posted Wednesday at 02:38 PM Received a referral on a cash balance as well as a 401(k) plan. Cash balance no eligible employees (presumably), 401(k) remains to be seen. My first question to him is the 401(k) "handled" by a payroll company as I refuse to takeover any such plan. Secondly, ADP has no knowledge of the cash balance plan. Third, the cash balance is on a 10/1-9/30 plan year; the 401(k) is calendar. Regardless of different plan years, granted they need to be aggregated for deduction purposes; don't the plan need to be tested together for 401(a)(4) ? Seems like a loss leader. Link to comment Share on other sites More sharing options...
Lou S. Posted Wednesday at 03:37 PM Report Share Posted Wednesday at 03:37 PM I don't think you can test plans with different PYE together for 401(a)(4) and each needs to pass on its own. Link to comment Share on other sites More sharing options...
thepensionmaven Posted Wednesday at 03:43 PM Author Report Share Posted Wednesday at 03:43 PM I seem to remember that. TX. Link to comment Share on other sites More sharing options...
CuseFan Posted 19 hours ago Report Share Posted 19 hours ago Correct, to aggregate for coverage and nondiscrimination the plans must have the same plan year. Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com Link to comment Share on other sites More sharing options...
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