Safe Harbor Match True-Up

[nerd-party-administrator]

Plan document states that safe harbor matching contributions (SHMAT) are determined/allocated on a plan year basis. Client makes SHMAT contributions payroll by payroll throughout the year.  At the end of the year, true-up contributions are needed. My question is: do the true-up contributions need to be adjusted for earnings?

[Mr Bagwell]

No.

[nerd-party-administrator]

15 hours ago, Mr Bagwell said:

No.

My kind of answer. Thank you!