Jakyasar Posted November 11, 2020 Posted November 11, 2020 Hi A PS plan in existence as of 1/1/2020. Adding a 401k provision now. Can they add non-elective SH for 2020? I do not believe so as the 401k feature was not in existence for 3 months? Just checking. Thank you
JackS Posted November 11, 2020 Posted November 11, 2020 Correct, Salary deferral provision must be in existence for at least 3 months during the plan year in order to use a SH provision for that plan year. John Feldt ERPA CPC QPA and Bill Presson 2
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