Dazednconfused Posted October 13, 2021 Posted October 13, 2021 Plan's definition for compensation is 3401(a), no other adjustments. This would exclude group term life amounts from deferrals & employer allocations, correct? It must be close to the deadline my mind is mush.
CuseFan Posted October 13, 2021 Posted October 13, 2021 Correct, whereas a W-2 comp definition includes GTL, a 3401(a) comp definition does not. Luke Bailey 1 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
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