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Showing results for tags 'eligibility as needed employee'.
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SH 401(k) plan (SH NEC), two entry dates (Jan-July), eligibility is age 21, 1,000 hours; plan is top heavy. Employee hired 6/8/2020, worked 986 hours in 2020. Employee worked 300 hours in 2021 before stopping full-time work 5/21/2021 (so over 1,000 hours in first 11 months). Employee was then available on as-needed basis. Employee worked 156 hours between 8/5/21 and end of year. (total hours worked in 2021 was 456 hours) Did this employee enter the plan? She had 1,000 hours in first 12 months but was not there on the entry date although she was available "as needed". Is she entitled to any contribution for 2021 (such as SH)? What about top heavy? Thanks!
