DayinJune

Would this requirement also be applicable to participants who have reached normal retirement age (NRA) under the plan? That is, I know that participants must be 100% vested in employer contributions at NRA, but does that mean a participant who has reached NRA under this scenario would be 100% vested in the company match for the entire year even if they left before 12/31? Or would they only be eligible for the match accrued up until they left? (Match is deposited annually after year-end).

Can a 401(k) plan require its participants to be scheduled to work at least 20 hours a week to receive an employer match? Employees are eligible to enter the plan on their hire date, but I'm wondering whether a plan could restrict the match to only those employees who are scheduled to work at least 20 hours a week.