ineligible employee

[Guest mk2308]

If an ineligible employee was let into the plan and deferred, do the deferrals have to be forfeited if the plan document does not specifically address the handling of ineligible employees or can the deferrals be refunded and distributed to the ineligible employee? If forfeited, can the deferrals be used to reduce either the match or profit sharing contributions to the plan?

[WDIK]

Prior Discussion.