Just Tri Posted 1 hour ago Posted 1 hour ago Plan is a safe harbor 401(k) using the safe harbor match to satisfy the safe harbor provisions. Plan includes a prevailing wage contribution that offsets employer contributions. My understanding is that the prevailing wage contribution negates the top-heavy exemption available to safe harbor plans. However, if in every instance the prevailing wage contribution is used to offset the safe harbor match does that conclusion change. Do they still get the top-heavy exemption?
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