I have a client - a one-physician office, wife manages the office - with SH 401(k). Plan provides the SH NEC 3%, but has last-day rule for PS allocation.
8 NHCEs, 2 of whom terminated during the year, so they get the 3% in addition to their deferrals, but no PS. I pass coverage at 75% but I can't get through the gateway because all the terminated are getting is 3% instead of the 5% needed for the gateway.
I need to allocate 2% to them to get through the gateway using FtWilliam basic plan document. Can I use an 11(g) plan amendment to allocate that 2% for 2019?
Thanks!