Leaderboard

Not sure if this will help or is what you are looking to do. Say you have 4 divided by 17. Screen shows: 0.235294118 Multiply by 1,000. Screen shoes: 235.2941176 Subtract 235. Screen shows .294117647 So now you have more than 10 digits, your answer is 0.235294117647 Mike

also, does the plan really say the match must be deposited on a payroll period basis or that it is determined on a payroll period basis - just because you calculate it on that basis so future deferral activity doesn't affect prior match calculation doesn't mean it has to be deposited before the legal due date unless plan specifically says so.

I assume you want to avoid both the ADP and ACP testing. To avoid ACP, you can match deferrals that do not exceed 6% of pay. For example, you can match 200% of deferrals, ignoring any deferrals that exceed 6% of pay. If you also provide a discretionary match, that match is limited to 4% of pay as a match and if other requirements are met, that match does not require ACP testing. If you aren't worried about ACP and you only need to pass ADP, your safe harbor formula could be something like 100% of deferrals up to 8% of pay. You avoid ADP, but you have to run ACP testing.