short plan year end - entry dates

[Chippy]

Plan year amended from 2/28 plan year end to 12/31 plan year end. Short plan year from 3/1/2014 to 12/31/2014. Adoption agreement states entry dates are the first day of plan year, fourth, seventh and tenth month of the Plan year.

So for this short plan year, would the entry dates be 3/1, 6/1, 9/1 and 12/1? I was thinking the entry dates would be 3/1, 4/1, 7/1 and 10/1 based on the calender year, but rereading it, that does not appear to be correct.

As an example, someone hired 9/23/2013 would enter on 12/1/2014 and would they also be statutory excludable for testing at 12/31/2014?

thanks for your help!

[Tom Poje]

yes, I believe you follow the terms of the document. so basically you have the same dates as you would have had, except the plan year end changed.

the one rule some people miss is the vesting which is always over a 12 month period, so in this case 2 months of hours overlap and get counted twice.

[Chippy]

Thanks Tom. Merry Christmas