pixmax Posted September 8, 2009 Posted September 8, 2009 I have several clients using a Default investment for participants who are not enrolled in the Plan yet but were due a Profit Sharing contribution. However, the default investment is not Qualified. What are the consequences, do they meet 404c? I also have a client that has a ACA and has a default investment that is also not a Qualified Default Investment, therefore they don't give QDIA notices. What could be the consequences on this?
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