ratherbereading

I would say it is not.

It may be, although with so many people working from home now, who knows? I guess we will have to wait and see.

This is really old, but may help you. What are you doing on here on a Sunday???

Who is "them", and 2 weeks to change your status where? I can only guess Awaiting Payment means payment of your 401k balance. But more details are needed.

Thanks!!

Larry Starr, please see attached chart - you will see the 2025/2026 years referenced. orig and ext tax due dates.pdf

For a 12/31 pye S Corp 3/15 extended to 9/15 not changing. C Corp 3/15 extended to 9/15. Change not until 2025/2026. I have a chart. If you want me to email it to you message me your email - I can do it on Monday!

I agree with WDIK and my vision is fine. Usually!

This is really old, but may help you:

The problem being the HCEs don't want refunds. They have little non-HCE participation. Nor do they want to go safe harbor, though.

Larry - yes, I am aware that it's unknowable - just wanted to make sure I didn't miss something. So yes, that was my real question, as much as I should have known better than to ask. Thanks, all!

I have a large plan that failed ADP/ACP testing for 2019. They have 11 HCEs and 200 plus NHCEs -- they want to know now how much HCEs can put away in 2020 in order to pass the test. Not sure how to figure this out. They do current year testing and are less than 5 years old so they can't switch to prior, correct?

Still sounds like it's one or the other, not both. EITHER OR.

I don't think that would fly. It just sounds ridiculous. Giving 2 weeks notice isn't a rule--unless the employee signed some kind of contract, which is unusual. When a company fires someone do they give the employee 2 weeks notice? No.

By "plan" I believe you mean source. They are not 2 separate plans, it's one plan. From what you are quoting, "You may make either Regular 401(k) deferrals (pre-tax) or Roth 401(k) deferrals (after-tax)." , it sounds as if you can do one or the other, but not both. I would clarify with the plan sponsor.

What's your question?

Thank you!! I will take a look. Relius still has not responded to me.

Our default is 10% unless they want a different amount or none at all.

Trying to run eligibility in Relius and getting the following error under Plan Specification Errors: Sub PerformBulkWriteNet () :Database write error. Relius no longer has their chat, so I put in an Incident but who knows how long it will take them to respond. Anyone ever have an error like this? The plan specs are fine.

Honestly, all we look at in our Relius test is if it passed 401(a)(4) non-discrim testing. I have no idea how to figure out EBARS and I don't think I want to !

I tested them as regular match - my plan ended up failing the ADP test but passing the ACP test.

We don't usually charge, but I've found that clients rarely keep, or know where, anything is we send them. If it gets ridiculous, then yes, we charge. But your client should have everything without going to the TPA. Next time maybe they will save everything. They are definitely within their rights to reasonable charge, especially since the plan is no longer with them.

When we do our plan terms we don't distribute the participants' money until the ADP test and all work for the year of termination is done. What if someone needs a refund? Here's a previous link on the same subject that may help

Thanks Larry!

He cannot provide cites. Of course.