AnnM Posted February 16, 2021 Posted February 16, 2021 Can SEP contributions be permissively aggregated for purposes of cross testing? I.e., Average Benefit Percentage Test, Average Benefit Test, and Gateway Minimum? The plan sponsor has both a SEP and a profit sharing plan in 2020 and the SEP is on an approved individually designed document. Thank you in advance.
John Feldt ERPA CPC QPA Posted February 17, 2021 Posted February 17, 2021 No. They are aggregated for 415 limit purposes however. Luke Bailey, Appleby and AnnM 3
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