QSLOB

[Guest tintree73]

This is a follow-up to a prior question - but my boss really liked the QSLOB idea so I have to ask. We sponsor a safe harbor 401(k) plan (actually, there are two plans w/ the same plan year that are tested together).

We are wondering if the status as a safe harbor plan makes it impossible to take advantage of the QSLOB rules (I believe under IRC 414®). We will likely need the QSLOB to pass coverage (410(b) testing) for future years to exclude this group of employees - so the question is whether we should bother going through the 414® analysis (which is complicated from what I understand) or is it safe to say that you cannot take advantage of the QSLOB rules if you sponsor a 401(k) safe harbor (via matching contributions - ADP and ACP) plan.

I know the ADP and ACP tests are separate from the 410(b) coverage tests - but I think the QSLOB rules also impact ADP/ACP testing.

Just wondered what your thoughts were since you all seem to know the practical ins and outs of these kinds of these plans.