Safe Harbor Match and other qualified plan

[Guest Joanne Davey]

An employer establishes 2 separate plans - one that covers laborers who are doing prevailing wage work and the other plan is established for all other employees not doing prevailing wage work. The plan that covers the laborers is not a safe harbor plan but the plan for the other employees is a safe harbor match plan. If they are passing coverage, can this be done? In other words, if some people are receiving safe harbot match and others are not, is that an ok plan design as long as we are passing coverage?

[ETA Consulting LLC]

Yes. As long as each plan passes coverage as a stand-alone plan; they are fine.

Good Luck!

[Guest Joanne Davey]

Yes. As long as each plan passes coverage as a stand-alone plan; they are fine.

Good Luck!

Thanks