Bruce1 Posted December 13, 2024 Posted December 13, 2024 Is it permissible for a Safe Harbor 401k to exclude a class of employees or is this not allowed? If the Safe Harbor 401k is allowed to exclude employees, would the plan have to pass the coverage test?
Bill Presson Posted December 13, 2024 Posted December 13, 2024 Yes it can exclude a class (like a location or job category) and yes it must pass coverage. Bruce1, CuseFan and justanotheradmin 3 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
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