Leaderboard

They don’t meet the last day requirement to get the full amount of nonelective needed automatically pass. So to make the nonelective pass, if the plan allows, pick how you want to test and maybe the cross-testing is less expensive. But if so, why did the document have integration anyway - that’s the question.

I would just like to thanks everyone for the advice and for those that can't give advice, "non-advice". There has been so much help and guidance this board provides. I'm not sure what I would have done without it!! Appreciative is not descriptive enough. It's time to switch professions. Again, thanks to all of you.

I've been treating them as otherwise excludable employees, tested separately against no HCEs. You can likely exclude them from SH, PS, gateway, TH, etc., that way.

Thank heavens someone remembers. especially at 1:59 today Have a Blessed day all. I take no credit for these words...to the melody of "the day the music died A long, long time ago, Long before the Super Bowl and things like lemonade, The Hellenic Republic was full of smarts, And a question resting on the Grecian hearts was; What is the circumference of a circle?", But they were set on rational numbers, And it ranks among their biggest blunders, They worked on it for years, And confirmed one of their biggest fears, I can't be certain if they cried when irrationality was realised, But something deep within them died, The day, they discovered, Pi. They were thinking; Pi, pi, mathematical pi, 3.14 15 92, 65 35 89 7, 932384 62, 6433832 7 (not rounded). Well this kind of Pi is different than most, It hasn't got berries, ain't spread on toast, And that's how it's always been, We keep extending its decimal places, Pushing our computers through their paces, But we'll never reach the end, So why the fascination with, A number whose end is just a myth? Whence the adulation, For mental masturbation, It might have something to do with the stars, To calculate distances from afar, But that's just a guess 'bout the way things are, Regarding the precision of Pi, I am pondering; Pi, pi, mathematical pi 3.14 15 92 65 35 89 7 932384 62 6433832 7 Now I feel that I should mention, Pi is applicable in any dimension, At least as far as I know, If there were no Pi we'd be missing things, Like marbles and mugs and balls of string, And sports, such as soccer and curling, The orbs in their celestial paths, Navigate along elliptical graphs, Ellipses have pi in them too, Just one side of them has grew, You can see pi in most everything, It's in Cornell's Electron Storage Ring, And also in slinkies and other springs, And that's why it's important to know pi, You should memorize, Pi, pi, mathematical pi, 3.14 15 92, 65 35 89 7, 932384 62, 6433832 7, Once one night I had a dream, That pi was gone and I had to scream, Cause all pi things had disappeared. Can you imagine a world like that? Circles aren't round and spheres are flat, It's the culmination of everything we've feared, 'Twas a nightmare of epic proportions, One that gave me brain contortions, Oh wait! I mean contusions, They put me in some institutions, But then I escaped and now I'm free! To sing of the virtue of pi, Pi, pi, mathematical pi, 3.14 15 92, 65 35 89 7, 932384 62, 6433832 7.

Was she attributed more than 5% ownership at any time during the 2 years ending 12/31/2024? That’s your answer. In 2025 that changes, and now you look at her wages in 2024 and the document for its TPG election, and if TPG applies, you look at all the census data from 2024 to determine if she’s an HCE in 2025.

It is permissible, it is not required, and there are pros and cons. Some companies fund the SHNEC with each payroll because the contribution is 100% vested and not subject to other allocation conditions (like a last day rule). They do this as a convenience and feel it helps them manage their finances. The TPA should know better than to say there is no "true-up". The SHNEC is not like a match. A plan can specify a time period for funding the match that is more frequent than annually. The SHNEC requires each participant receives must the the SHNEC percent of annual plan compensation. Payroll is notorious for having adjustments from pay period to pay period, and for having challenges reporting plan compensation should the definition of plan compensation be something other than 3401(a) W-2 compensation. The prudent plan administrator, payroll and TPA all would double check after year-end that everyone received the SHNEC they were due.

Best of luck for the next chapter of your life.

Yes. Since you were >5% owner in 2023, the lookback year for 2024 HCE status, then through ownership attribution your daughter is an HCE for 2024. In 2025, you are still an HCE through attribution from your son but your daughter is no longer considered a >5% owner as there is no sibling attribution nor double attribution (e.g., from son to you and then you to daughter). Assuming your daughter is not an HCE by compensation then she is not an HCE come 2025.

And the Nerds Cheer? Secant, tangent, cosine, sine. Three point one four one five nine!

Why are you having to cross test an integrated profit sharing allocation?

Are you the participant or the Alternate Payee? I assume you are the Alternate Payee? If so, the Plan Administrator will not pay you without a valid QDRO. If the QDRO was originally rejected and never corrected, then the plan has no authority to pay anything to you. The Plan Administrator is not bound by the divorce decree. There must be a QDRO in order for them to separate the participant's benefit. Generally a plan will have QDRO Procedures that determine what happens in this situation. My experience is they will give the AP a certain amount of time to produce a valid QDRO (like 180 days), if nothing is provided, they will just go ahead and pay the participant the entire benefit. That said, it sounds like the participant isn't requesting anything at this time, so likely nothing will happen until then. Short answer, you will need to retain a lawyer to draft a DRO, which you then submit to the Plan Administrator for approval, making it a QDRO. A life annuity of $140/month starting at 65 is worth about $20,000 based on standard life expectancy. Your call if that is worth the cost to hire a lawyer.