artvandelay3

Trying to set up a 401k Safe Harbor plan. I know that a plan passes the top-heavy test as long as no other contributions are made during the year except for Elective Deferrals and the Safe Harbor Non-Elective/Match. Question is, will it still pass the Top Heavy test if their are After-Tax contributions. In other words are After-Tax Contributions considered elective deferrals? Everything I'm ready only states elective deferrals and nothing about after-tax. Thanks

I've got an old 401k plan with a paid up Life insurance policy in the plan. The plan itself doesn't allow loans but the insurance policy does. Can particpant take a loan out of the inurance policy? Will this loan need reported on the 5500 as a plan loan? Is there a limit what they can borrow. I'll be honest I'm lost when it comes to Insurance policies in general in qualified plans and if anyone has a link that explains how this stuff works it would be greatly appreciated.

Both plans will be a Safe Harbor so all eligible employees will be particpants.

Quick little background. I have a Dr. client who wants to have a seperate plan for HCE's and NHCE's. The reason behind this is he wants to offer an investment to the HCE's that is not avaliable to NHCE's. Is this possible? If so, could someone point me in the right directions regarding rules and regulations and how to set it up.

Can we have seperate plans for HCE's and NHCE's? If so can you point me in the direction of some rules and how this is done. thanks.

Need a little guidence. Can you include investments in a particpant directed 401k (not SDBA) that imposes a minimum investment and/or a minimum networth? Off the top of my head it sounds like it's discriminatory.