Safe Harbor 401k Profit Sharing Plan provides:
401k+Catch-up for all
3%SHNEC for all NHCEs only
Discretionary PS, each Participant own rate group
25 HCEs, 2 are owners
100+ NHCEs
Employer would like to contribute the following:
2 owners 9% PS
Remaining HCEs 1% PS (Plan is NOT TH)
NHCES only the 3% SHNEC, 0% PS -- this satisfies the G/W minimum
Can this be done or must the NHCEs receive "some amount of" PS?