Excess Annual Additions

[Guest t936]

Is there an excise tax on excess annual additions? The excess annual additions were comprised of elective deferrals and employee contributions and were returned to the employees in April for a calendar year plan.

[WDIK]

This site has useful information about correcting excess annual additions.

However, from the wording of your post, I wonder if perhaps you are talking about excess deferrals or excess contributions rather than excess annual additions.