dmb Posted November 18, 2015 Posted November 18, 2015 Would a 401k plan that provides the basic SH match to one group of participants and the enhanced SH match to another group still be considered a SH 401k plan? Thanks.
Lou S. Posted November 18, 2015 Posted November 18, 2015 I don't think that will qualify if ANY HCE is eligible for the enhanced match as you will have HCEs with a greater rate of match that NHCEs for some level of contribution rate.
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