TommyGunn13 Posted October 17, 2019 Posted October 17, 2019 Starting in 2018 the plan instituted a required match on a payroll basis with a true up contribution to be funded each year. This matching true up computation period is on a calendar year basis. The plan is an off calendar year plan with a PYE of 9/30. The match true up was calculated based on the 2018 calendar year and the computation period crossed over two different plan years and was funded during PYE 9/30/2019. We are pulling year end census data including matching contribution data for plan year end testing and were questioning how to best include the match true up for testing. Is it appropriate to Include it as a contribution made in the PYE 9/30/2019 even though the computation period was over parts of two separate plan years? looking to see if someone else might have run into this before and how they handled it.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now