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Showing results for tags 'brf issue'.
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I have a Safe Harbor PS 3% Plan that covers 150 employees. They are planning to fund the PS per payroll. Is there any BRF issue if the company were to fund the PS for most of the employees but miss a few of the participants because administrative errors etc. during the year, but were later caught with the annual true up? My concern is that everyone will not equally benefit in terms of timing of the allocation. I am advising against it as I see it to be a problem. But any guidance would be appreciated.
