2% Shareholder Insurance Premium and Plan Compensation

Hello everyone,

My understanding is that the 2% Shareholder Insurance Premium is included in Code 415 Compensation (aka Current Includable Compensation), W-2 Wages (aka 6041 and 6051 Compensation) and Wages under Code 3401(a) (aka Wages for Income Tax Withholding), but it's excluded from Code 415 Safe Harbor Compensation. I want confirmation that the 2% Shareholder Insurance Premium is a taxable fringe benefit (per IRS Publication 15-B) that is excludable from Plan Compensation under the exclusion "All fringe benefits (cash and noncash), reimbursements or other expense allowances, moving expenses, deferred compensation, and welfare benefits." Thank you.

You need more confirmation than the justification you wrote above?