Basically

Yes... that monster printer that ate up boxes of computer paper... landscape. I remember having to change the paper to print participant certs. A dynamo... Still have that also! I didnt think that Fred's made it to the board after I tried to load it as an attachment. I actually gave up after it kept loading... and loading... Too bad there aren't any instructions. (Hope you dont mind I put it up.... say the word and I will take it down. I guess since I put it there I have the power to take it back.) Question for the x-testing "Gurus"... do you perform the testing by hand... or use spreadsheets and or admin software?

Here is that other SS... Fred's. XTEST_K_with_report.XLS

PENTABS.... was that the DOS program that used a Vector computer with the brians of a now hand held calculator... cost about $50k ? Out of Santa Barbara CA? Back in ...ohhhh... 1983? we had that, may still in storage. I actually designed a MS Access database and used their screen numbers (i.e. an investment is #4) because it was so familiar. I have this spreadsheet... honestly can't remember who sent it to me. Is it yours Tom? If not, would you critique it for me? Cross testing is something that I have farmed out... but would like to be more comfortable doing it myself. (I especially like the little hats in the equations... and the happy contra rebels that Blinky pointed out in the other post) XTEST_K_with_report.XLS

Datair.... Forms are approved (They said they were the first). I used to use Accudraft as a stand alone program until I went to Datair to do it all.

And with one eye closed... (wish I had 3 eyes)

If the HCEs receive less than the 3% TH min you give the NHCEs the same lesser %

Goodness no.... you could have been taught by someone who learned that way..... Sheesh, I need to watch my wording

oh... so it is simply a software issue... and for those who learned the old "original" way simply still use the + out of habit. Thanks

I am no Excel SS expert... I have seen a ton of formulas on spreadsheets where the formula starts with a +... what is the significance of the +? (sorry to interrupt the post)

To follow up on my understanding, the TH contribution for a plan year can be accrued and as long as it is paid by the time the corp returns are paid then it would be deductible for that year. If paid after then deductible in the year it was paid....

They were.... only hope that you are all ready for me asking ... "where do I find this in the EOB? I can't find it in the table of contents!" On a Sox note... good start last night with the win... after the record snowy winter we had here in Massachusetts, spring around the corner is a welcome sight! (although I am not ready to stop hitting the slopes up north with the kids)

The question being "when is the TH min due" would be by the time you file your corp tax return (with extensions) to take the deduction.

I do like the answer book.... but as I mentioned, many make reference to the EOB... Thanks to all for your responses... Between this thread and the other it is pretty clear how people feel... both books are exceptional references!

unfortunately, I have never purchased the EOB. I dont know what the text looks like and how the answers are arranged and described. Is the example on Cyberisa true to form.... what it looks like? PAB does lend itself to easy reading... but when so many make reference to the EOB on these boards I find myself lost... no reference to go to see the point being made. I think I am leaning towards the EOB. Sal offers the book... and the book w/CDs (for an additional 10 sawbucks). Any benefit to spending the extra $ for the CDs? Purchasing the online version I think has been determined to not be the way to go for the simple reason that once the subsription ends... you have nothing, no reference to look back on.

I have a problem searching... I never can come up with these links! Thanks for pointing me there.

As everyone knows, the ERISA Outline book is a great reference for the pension administrator... but then so is the Pension Answer Book. I have always purchased the Answer Book.... Outline Book is talked up so much... What are everyone's feelings towards each? One considerably better than the other? $200 vs $300... Thanks!

Good catch! Thinking outside the box.

Only 5% owners are HCEs regardless of comp earned for the first year. Of course after the first year you now have a "look-back" year

Situation: Small company owned by husband Wife EE earns $20K Lookback year same as determination year From Pension Answer Book I am gathering that to be an HCE all the wife needs in her situation is to be a 5% owner of the company through attibution.... she is not an HCE based on her income. My fault in reading the text was that I missed the "or" resulting in thinking she had to pass both tests to be an HCE I understand that if one spouse owned 4% then the other spouse would own 4% ... meaning ownership would not be the reason for HCE determination (just saving face here)

Regardless of actual ownership.... Wife is considered an HCE due to attribution.... right?

That is what I have always thought being on auto-pilot for many years. It wasn't until many small employers started putting in place individual 401K plans that I have been asked soooo many questions. Each sponsor saying that they have read or were told ... etc etc. Sometimes you just need someone to agree with you. I liken it to hearing from another parent that their child is trying to use the same asinine argument to defend their actions or get what they want.... know what I mean? Thanks!

Revisiting this question..... What about Plan with owner and spouse and 1 EE that does not work 1000 hrs... assets less than $100K in plan... 1. Can file EZ? 2. Since assets less than $100K is an EZ required yet ? I understand that once the EE becomes eligible to participate then the EZ is not allowed..

oh.... funny you should mention that.... one of the EEs is the wife who quit her job to come and work for her husband. She had income in 2004... albeit very little. Idea was to amend PS to include deferrals subsequently reducing ER cont exposure and allow wife to defer since she will not be eligible for ER contribution. SH was the way to go. Total existing EEs passing 410(a) elig were 3, 2 EEs hired in 2004 (which will be able to defer in 2005 because of exception), plus 1 Dr..... total EEs all together 6 (3+2+1)

3% safe harbor nec. adp should be fine. At this point there is no one not eligible to participate. It was a gesture to allow one EE to participate. Small dental practice, doc is making beaucoup $

Existing profit sharing plan amended in September to a 401k. Eligibles in 2004 were able to defer in 2004. Employer wants to impose an exception to the eligibility requirement (for deferrals) and allow EVERYONE who was employed on 1/1/2005 to be deemed as already meeting the one year service requirement and be able to defer . Nothing wrong with that when amending an existing plan to allow deferrals is there? Standard eligibility requirement will be in effect for employer contributions and new employees hired after 1/1/05 will need to meet the standard eligibility to be able to defer.