Safe Harbor Match - changing compensation definition

[Belgarath]

Say you have a safe harbor matching contribution formula. Definition of compensation includes bonuses. (and bonuses are determined only at the tend of the year)

Employer wants to amend definition of compensation, for purposes of the safe harbor match only, to exclude bonuses. Let's assume the compensation paid for 2012 under the modified definition of compensation will pass 414(s) testing.

Can this be done for 2012? This isn't per se a reduction in the match formula, only a reduction in the definition of compensation to which the formula applies. I think it is ok, but I'm concerned that I'm missing something.

[Guest Dumb & Dumber]

This might provide some insight.

http://www.asppa.org/document-vault/pdfs/G...012comment.aspx

[Belgarath]

Interesting - I hadn't seen this. Thanks, it is helpful.