Guest Jennifer M. Posted June 22, 2001 Posted June 22, 2001 My plan failed top heavy testing using determination date 3/31/98 which means we were top heavy for the 4/1/98 to 3/31/99 plan year. I understand the 3% top heavy contribution for non-key employees is based on the compensation earned from 4/1/98 to 3/31/99. But, are the non-keys that are entitled to the 3% the non-keys from the 4/1/97 to 3/31/98 plan year or those from 4/1/98 to 3/31/99 plan year? Exactly who gets the 3%?
pmacduff Posted June 22, 2001 Posted June 22, 2001 The non-keys from 98/99 would receive the top heavy allocation.
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