chris Posted December 28, 2001 Posted December 28, 2001 Employee who was a participant in employer's 401(k) plan terminated employment September 30, 2001 and was rehired Dec. 1, 2001. Employer will meet the safe harbor by contributing the 3% non-elective contribution. Since the e/ee did not incur a one-year break in service, then the e/ee will receive 3% of comp. from Jan 1, 2001 to Sept. 30, 2001 and from Dec. 1, 2001 to Dec. 31, 2001, correct?
Tom Poje Posted December 28, 2001 Posted December 28, 2001 it doesnt even matter that the ee resumed work. he was a participant, and all nhces, regardless of hours worked or last day must receive the 3% safe harbor
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