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Showing results for tags 'safe harbor 401k plan'.
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We have a client that has an existing safe harbor 401(k) plan that does the enhanced match. There may be a new participating employer joining due to control group issue that does not have a current plan but cannot afford the enhanced match. May new employer do the basic match instead and have special language to that affect on their participating employer agreement? Both companies have HCEs. -
A Safe Harbor 401k plan had a 12 month eligibility requirement, then mid-year amended the plan to reduce the eligibility to 3 months. Was this permissible, and if not, how is this corrected?
