Excess Contribution - Safe Match must be Funded

[Vlad401k]

A 401(k) has only 1 participant - the business owner.

 

The business owner contributed up to the 415 contribution limit in 2025 by contributing $23,500 in Deferrals and $46,500 in After Tax Employee Contributions (which were converted to In-Plan to Roth). However, the plan has a 4% Safe Match (that they fund at the end of the year), which must be funded (but the participant is already at the 415 limit).

 

Which source should the corrective distribution be made from and using which code?

 

Thank you.

[Bill Presson]

The document will specify.