Top Heavy Dumb

[thepensionmaven]

Employer maintains defined benefit and 401K/SH.

Profit Sharing is discretionary.

How do you handle the top heavy combination?  Must a 5% contribution be made to the PSP, or 2%?

 

[Lou S.]

Read the Plan documents. There should be coordinating language that explains how the top-heavy minimum requirements are met.

[RatherBeGolfing]

What Lou said. 

[CuseFan]

If plan(s) say TH provided in DC, then your TH% is 5% and your 3% SH counts toward that, leaving 2% PS to satisfy TH - BUT, as noted above, you should confirm such in the document.