Alex Daisy Posted April 3, 2009 Posted April 3, 2009 A Plan Sponsor recently swithced payroll companies and just realized that they did not do the 401k contributions for February and March 2009. They made these deposits into the trust yesterday. I am looking for Guidance on how to calculate interest on the late deposits. Any help would be greatly appreciated. ALEX
jkdoll2 Posted April 3, 2009 Posted April 3, 2009 If you use the VFCP program - they have an interst calculator that will do the calculation for you. It can be found on http://www.dol.gov/ebsa/calculator/main.html
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