Guest SusanE Posted February 23, 2007 Posted February 23, 2007 Let's say Mongo Company wants to offer a safe harbor 401(k) plan to its employees. Mongo is actually made up of 3 different companies. Mongo wants to offer Companies A and B a safe harbor w/4% match. But they want to offer Company C the 3% nonelective safe harbor design. Company C is significantly smaller in headcount than A&B. Is it possible to offer different safe harbor designs within a control group?
RCK Posted February 23, 2007 Posted February 23, 2007 Yes, as long as the individual plans pass coverage.
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