Sixers

Congratulations! much respect for dedication. May I have DC1 tip sheet?

Thanks all! You’re right, never say never. I Will need to exclude by using 1,000 hours since doc allows it otherwise if not, the document will interpret they are eligible to participate in 401k after meeting 3 months elapsed time, along with everyone else.

Does plan document with a three month eligibility specifically have to exclude part time employees if Company will not ever have any? Or can it be left blank since it is a moot point?

Client started with 401k in 1986 (001), then merged into ADP MEP (filed 5500 on ADP EIN) then now wants to spinoff to 401k. Is spinoff document 001 because they started with 001 prior to merger or 002? does predecessor service or prior year service apply in this case? Is original effective date 1986 or 2019?

403b is terminating Sept. 2018 and starting 401k same year 2018. Plan wants move away from universal eligibility for ED on 403b and add age 21 and 6 mth service. - 403b is 001 so use 002 for 401k? - use original effective date as 1/1/2018? - rollover of loans allowed? Does it need to be stated in AA or no? - does excluding vesting prior to effective date of the plan need to be addressed? - any employee can in 403b plan rollover balance to 401k even if they would not be eligible to enter under 401k plan under new eligiblity rules? - employees years of service and vesting still can continue If all the participants chose to rollover to 401k plan? - any other considerations on plan document creation or processing/logistics? I appreciate your help!!!