Guest Vons Posted May 19, 1999 Posted May 19, 1999 If an Employer uses a nonstandardized 401(k) document (and also has an ESOP), and chooses the Election Not to Participate option, can they include this option on their deferral election form? Example: "Pursuant to Section 2.08 of the ABC Co., Inc., 401(k) Plan document, I do not wish to participate for the Plan year ending 12-31-99." Any foreseeable repercussions?
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