ATM

So would each employer file their own 5330? Or one 5330 filed by the plan sponsor?

If you have late deposits in a MEP from several participating employers, who is responsible for the excise tax? The plan sponsor or the individual employers? Anyone know where to find any guidance on this?

Hi Luke, I'm not sure what you are referring to as it the less than 20 hour a week exclusion is an option in the pre-approved 403(b) plan documents

If a plan excludes those who work less than 20 hours/week as ineligible to make deferrals and the match requirement is a year of service (no hours), would those who work less than 20 hours/week be excluded from the 410(B) test for the matching even if they have more than a year of service?

Can you amend the eligibility requirements for salary deferrals to be more relaxed mid-year while keeping the SHNEC requirements at 1 year?