Partial Termination (yet again)

[jkharvey]

I've read all the discussions I can find and saw several threads dealing w/ the subject but not this specific question. For a 401k plan are those employees who are eligible but choose not to defer so they have no account balance counted as participating employees for determining the turnover ratio?

[Guest Dressageho]

I've read all the discussions I can find and saw several threads dealing w/ the subject but not this specific question. For a 401k plan are those employees who are eligible but choose not to defer so they have no account balance counted as participating employees for determining the turnover ratio?

I believe you just have to count every previously-eligible employee who is no longer eligible due to an Amendment and/or employer-directed layoff (though I think you can exclude terminations with cause).