safe harbor plan compensation definition

[AKconsult]

I have a client with a calendar year profit sharing plan but they are adding 401(k) and safe harbor NEC effective for 10/1. For the NEC calculation, can I just use pay from 10/1 and only give the contribution to participants in plan 10/1 or later or do I need to go back to 1/1? If it is permissible to just use pay from 10/1, how do I note that in document? The plan has semiannual entry dates and uses pay from period of participation. I am wondering if the period of participation pay provision in and of itself will let me just use pay from 10/1 but not sure...

[austin3515]

Sounds like maybe you're using the corbel prototype: If so if you check both the "exclude comp while not a participant" and then indicate "special effective date for safe harbor provisions" as 10/1/07 in the field provided, you will get the outcome you are looking for (in my opinion).