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Posted

Employee enters the CB Plan on 1/1/2021. Plan requires 1,000 hours to earn a Pay Credit. Works 1,100 hours in 2021, 1,100 hours in 2022, 900 hours in 2023 and 900 hours in 2024.  12/31/2024 accrued benefit is $100/month, his average comp is $60,000.  I think he would pass the 401(a)(26) on accrued-to-date method.  The system (Datair) calculates his accrual rate correctly but marks him as "non-benefiting".  What am I missing here?

Posted

I agree, seems like it should just pass on accrued to date, at least for 401(a)(26). Have you asked Datair why they don't think they are benefiting for 401(a)(26)?

Posted
7 minutes ago, Lou S. said:

I agree, seems like it should just pass on accrued to date, at least for 401(a)(26). Have you asked Datair why they don't think they are benefiting for 401(a)(26)?

I did and am waiting for a response......Will post an aswer once I receive it.

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