Maybe SH Notice

[austin3515]

Maybe notice was sent out in November 2007 for the 08 plan year. Anyone have a notice I can use today to announce the decision to go safe harbor?

[Kevin C]

The supplemental notice I use is the same as the regular 3% SH notice except 1) it is labeled as a supplemental notice and 2) the paragraph explaining the SH non-elective contribution starts with the sentence "For the 2008 plan year, the Company amended the Plan to provide a safe harbor non-elective contribution."

[Bird]

We combine the notices - all the "maybe" stuff comes first and at the end we add this:

SUPPLEMENTAL NOTICE TO EMPLOYEES

This notice applies to the plan named above for the (current) plan year ending December 31, 2008.

Your employer WILL contribute 3% of compensation for all eligible participants.

This contribution will be 100% vested as soon as it is made.