Missed eligible participant

[Guest jc1457]

We have a client that called yesterday. Their document uses the elapsed time method and a participant is eligible after working 6 months. They are a small client and have just realized that they missed two employees when determining elibility.

They have a signed form from one of the employees stating that the employee understands that they are not elibile for any benefits from the Employer. The form was not a form that was drafted with the plan document. This was a form that was drafted by the client and went with their company's employee handbook.

My question is - does this form have any bearing on the retirement plan? The form does not specifically menion the Plan. It simply states that as a part-time employee, the employee understands that as a term of employment they are not eligible for any of the employer's benefits. This employee works 1 day per week.

Thank you!

[ETA Consulting LLC]

No bearing on the plan. The good news is that the employer make-up contributions will be based on roughly 52 days of pay.

Good Luck!

[Guest jc1457]

No bearing on the plan. The good news is that the employer make-up contributions will be based on roughly 52 days of pay.

Good Luck!

Thanks so much! I will pass the good news on too!

[MARYMM]

We have a client that called yesterday. Their document uses the elapsed time method and a participant is eligible after working 6 months. They are a small client and have just realized that they missed two employees when determining elibility.

They have a signed form from one of the employees stating that the employee understands that they are not elibile for any benefits from the Employer. The form was not a form that was drafted with the plan document. This was a form that was drafted by the client and went with their company's employee handbook.

My question is - does this form have any bearing on the retirement plan? The form does not specifically menion the Plan. It simply states that as a part-time employee, the employee understands that as a term of employment they are not eligible for any of the employer's benefits. This employee works 1 day per week.

Thank you!

Is the part-time employee in a class that is excluded from the Plan, as specified in the Plan Document ?

[Guest jc1457]

We have a client that called yesterday. Their document uses the elapsed time method and a participant is eligible after working 6 months. They are a small client and have just realized that they missed two employees when determining elibility.

They have a signed form from one of the employees stating that the employee understands that they are not elibile for any benefits from the Employer. The form was not a form that was drafted with the plan document. This was a form that was drafted by the client and went with their company's employee handbook.

My question is - does this form have any bearing on the retirement plan? The form does not specifically menion the Plan. It simply states that as a part-time employee, the employee understands that as a term of employment they are not eligible for any of the employer's benefits. This employee works 1 day per week.

Thank you!

Is the part-time employee in a class that is excluded from the Plan, as specified in the Plan Document ?

No - Thanks for your time and help. No employees are excluded from the Plan.