Safe Harbor 401k Closing / Contribution Requirements

My employer is closing our 401k Safe Harbor account 8/31/2019.  As of yet they have given no written notice of this and also indicated they would not be required to make the 3% contribution for the year.   Is this correct ?

J

Did they give a "maybe" notice for this year?

Are they going out of business or faced with a heavy financial loss?

They gave a verbal notice only of the 8/31 close date with a possibility they may keep it open till 12/31 …   We have been acquired by another company and everyone has been told they'll need to move their monies ..

J

I meant last year in  the 30-90 day window what notice was given about the current year safe harbor.

I don't remember getting any documents or notices from them last year or any year before that  … I've been here 13 years …

J

I would start by requesting a copy of the 2019 Safe Harbor notice that you should have received sometime in October or November last year.

Lou,   I will do that today …    What am I specifically looking for when I receive it ?

You should double-check the language to see if it says the employer WILL make a 3% contribution, versus MAY make a 3% contribution pursuant to a supplemental notice issued 30-90 days before the end of the current plan year.