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Simp 401(k) plan wanting new comp feature


pbarrett

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We have a potential new client who has an existing simplied 401(k) plan. It was effective 1/1/98. The client would like to tack on a new comp (cross tested) ps feature for the '99 year. The existing document is not ours but it appears to say the maximum ps disparity rate is 2.7%. Is this standard? Any problems regarding testing in setting up a stand alone new comp plan? Has anyone set up a simple 401(k) with the new comp feature within one doc? Any suggestions would be appreciated.

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