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Excludable Employee in 401k plan


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Guest amm19
Posted

Under a volume submitter document, can anyone see any reason why the exclusion of an HCE that is a participant in another defined contribution plan (not maintained by the plan sponsor) from the plan would raise any red flags? This individual maximizes their contributions under another plan (unrelated employer).

Posted

None that I can think of. It may not be the best plan design, but that is picking nits.

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