Amendment to QACA Plan

[52626]

Client maintains a QACA Plan.

New CEO wants to remove the match from the plan.

Do you agree they can stop the QACA match if,

1. 30 day advance notice is given to the plan participants

2. Match contributions continue through effective date of amendment

3. Participants must be given the opportunity to change their deferral election

4. The Plan must satisfy the ADP/ACP test for the entire plan year

Thanks

[Lou S.]

sounds right

[MWeddell]

Amend the plan too.

Effective in 2015, the ability to change the match mid-year is more restricted.

[52626]

thanks