Guest Rider Posted March 8, 2007 Posted March 8, 2007 Plan Sponsor rolls out a 401(k) with 2% auto enrollment and a match, but the only salary deferrals actually contributed are for the employees that completed forms to have a greater amount withheld. The participants who made no election have had no salary deferrals and thus no match. I have not found any self correction procedures for auto enroll. What's the best course of action to correct?
401_4_ever Posted March 8, 2007 Posted March 8, 2007 I ran into this and treated it as an exclusion of eligible employees, for which there is correction methods.
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