Cross tested plan is not set up with individual rate groups for each participant, but rather rate designations (ie 5%, 10%, 15%). Rate group fails for one HCE. We see two options for correcting, but neither one fits cleanly into the rate group designated percents: [1] Reduce failing HCE from 15% to 14% (preferably than to 10% since 14% passes), or [2] Increase 1 NHCE from 10% to 12.35%. Agree?

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Can a bank holding company make an "exempt loan" (i.e., a loan that will be used by the ESOP to acquire newly issued stock from the bank holding company) to its own ESOP?

Plan sponsor has both a DC and a cash balance plan. I know that DB plans have to be funded within 8-1/2 months after the end if the plan year. Does the plan sponsor still have until the extended date of the tax return (October 15 in this case) to make the DC contributions?