BG5150 Posted March 22, 2022 Posted March 22, 2022 Plan is effective 1/1/21, but deferrals are effective 7/1/21. per doc, match is cal'd on a plan year basis. Do we calculate the match using all the comp, or just the comp after 7/1? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Nate S Posted March 22, 2022 Posted March 22, 2022 Per the plan doc, the full plan year compensation; presuming we are not considering pre-entry compensation exclusions, but for those affected by such you would want to double-check that you are correctly granting entry dates if they had otherwise satisfied eligibility by the 1/1 effective date. Bill Presson 1
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