payroll error on contribution

[JKW]

A participant erroneously received a check in 2013, which had 401k withholding. The check was canceled, but the 401k contribution and match was submitted to the plan. Therefore the participant now has an extra contribution for 401k deferral and match in their account. Is it best to just move this money to the forfeiture account rather than send it back to the plan?

[Guest A_Dude]

The participants got the disired check without the 401(k) deduction, but the plan still has the contribution correct? If so, you can call it an error and refund it to the employer, but it may be best just to put it into forfeitures. The main thing is, the participant was made whole.

[JKW]

thanks.