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Corrective QNECs for Missed Deferrals


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Corrective QNECs (as provided in EPCRS) for excluding an employee from electing and making deferrals under the 401(k) plan need to be made. Problem is, language in our prototype plan document only permits QNECs to fix ADP/ACP problems. Do we need to do anything to permit the corrective QNECs under the plan?

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