ratherbereading

I agree with what people have already said. And "brilliance" in one field doesn't necessarily transfer to "brilliance" in another field. I was a literary agent in another life and everyone thought their book would be an instant bestseller. Hah! Nope.

401k/profit sharing plan. Owner's 2025 W2 showing $96,143 in Box 1 and $99,999.90 in Box 3 & Box 5. Their pre-tax deferral amount in box 12 is $20,150. In addition, their 2% S-corp shareholder employee health insurance premium of $16,293.32 is in Box 14 (other). To get to their considered compensation for their safe harbor/profit sharing contributions do I add $96,143.22 + $20,150 + $16,293.32? For some reason this one is confusing me. TYIA!

It seems safe to omit, but they also can either: add Roth just "in case" / eliminate catch up contributions / eliminate catchcup contributions for anyone earning under $150,000.

Sorry, I am not sure if there are or not but it makes sense that there would be. Do you have a rep at Voya you can contact?

I upload vesting to voya using the plan year date, not the current date. I can't help you with the error. Are you the TPA? You should have a voya contact for that plan to whom you can email your issue.

I think you need to hold the benefit until a valid SSN or TIN is provided. This also needs to be reported to the correct authorities- SSA's Office of the Inspector General. This is from a previous post asking the same question:

I can't add anything else - but we did fire a client once because the owner took an illegal hardship distribution.

https://www.plansponsor.com/fraudulent-hardship-withdrawals-draw-grand-jury-ire/

https://www.bbb.org/us/fl/longwood/profile/sales-lead-generation/blustar-leads-inc-0733-90712106/complaints Is this them??

You need to contact the client about the differences and ask to see their payroll records so you can reconcile the deposits. If there are late deposits they go on the Form 5500 and earnings should be calculated.

Yes it is. And the loan first, hardship second is no longer in play.

It looks like she was terminated prior to meeting eligibility for the MT and PS so I'd say no she's not. Her 90 days would be 12/22/2024 and entry date 1/1/2025.

Which calculator are you talking about? The VFCP calculator on the DOL website is specifically designed for calculationg corrections under the VFCP, not theDFVCP. The DFVCP has its own calculator. , which you may know, just wasn't sure which one your were referring to.

My only comment/opinion is that maybe the person you spoke to actually didn't know why you weren't told about the audit; hanging up on her was rude. You need to talk to someone at your company re this.

Not super smart, but I agree. Why does the client disagree?