Guest dlm Posted October 15, 1998 Posted October 15, 1998 Any opinions on whether the following two plan designs would satisfy safe-harbor 401(k)? #1 Design: 401(k) Plan -low match (not safe-harbor) and a leveraged ESOP (covering same ee's) with a 4% of pay (P+I) repayment? #2 Design: Profit Sharing Plan w/401(k) Provision 2% of pay Profit sharing contribution. ESOP (covering same ee's) with a 2% of pay (P+I) repayment?
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