PensionNewbee Posted March 9, 2004 Posted March 9, 2004 a 401(k) plan has immediate entry. there is a participant who never has 1,000 hours in a plan year, yet he participates. Can I put him in the "otherwise excludable" group for ADP testing even though he's been employed for several years?
Blinky the 3-eyed Fish Posted March 10, 2004 Posted March 10, 2004 Yes, because the criteria is whether or not he would meet the statutory eligibility requirements and this person would not. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now