Amyrmaid

I suggest that you tack on a simple amendment to expand the amounts available to include voluntary contributions. It is quite likely that your custodians 2020 post-PPA document will be expanded to include voluntary contributions since this has become a big financial planning trick in the one man plan arena.

You also have to remember that if the Prevailing Wage contribution is used to offset other employer contributions - such as safe harbor contributions, any distribution restrictions that apply to the contribution type being offset must be applied. If the prevailing wage amount is not offsetting a restricted contribution, the otherwise applicable distribution criteria could be drafted into the plan (ie the 2 yr/5 yr rule).