QNEC and QMAC vs nonelective contributions

In the plan accounting, are qnec and qmacs considered the same as profit sharing? So for instance if for non elective contributions we say you must be employed on the last day of the year to qualify for a non elective contribution would that also apply to qnec and qmacs? So in essence are qnec and qmacs also considered non elective contributions and follow all the same rules in the plan doc as a non elective contribution? 

QNECs and QMACs are 100% vested contribution made to pass the ADP or ACP test and are subject to the same withdrawal restrictions as elective deferrals if I remember correctly. They sometimes have the same allocation rules are as PS/non-elective contribution but often the document has different allocation conditions to optimize the allocation so read the document.

QNECs and QMACs used in the ADP/ACP test can't be used in your 401(a)(4) testing with other PS contributions but can be used to satisfy TH minimums if that's a concern.

17 hours ago, Lou S. said:

read the document.

Lou, thanks for restating the mantra of this forum. RTFD should ALWAYS be the first course of action.