Is 100% match on first 4%, fully vested, an "enhanced matching" formula for safe harbor purposes?

[Lori H]

Plan is currently a traditional 401(k) plan that matches 100% up to first 4% deferred. Participants are immediately vested.

I want to convert the plan to a safe harbor since the current match would satisfy the safe harbor provisions.

This would be considered an enhanced matching formula, correct?

[R. Butler]

Correct.

[KJohnson]

Make sure you do not have:

1) a 1000 or 500 hour requirement to receive a match

2) a last day of employment requirement to receive a match

[Lori H]

THANK YOU. MATCH IS SUBMITTED ON A PAYROLL BASIS.