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Continuing Ed Material for IRS EP Personnel: Section 401(k) and(m) -- ADP/ACP Tests, Correction Methods under EPCRS (PDF)
Internal Revenue Service [IRS] Link to more items from this source
[Guidance Overview]
Feb. 24, 2014

59 pages, dated 2013. Excerpt: "At the end of this lesson, you should be able to: [1] Determine whether an employer correctly applied the ADP/ACP test. [2] Determine whether an employer timely corrected for an ADP/ACP test failure. [3] State the correction methods under Rev. Proc. 2008-50 when a plan does not timely correct for failing the ADP/ACP test. [4] Determine whether the employer made the correct Qualified Non-elective Contributions (QNECs)/Qualified Matching Contributions (QMACs) under Rev. Proc. 2008-50. [5] Determine whether the employer properly applied the one-to-one correction method. [6] Determine whether the employer properly coordinated multiple failures under a section 401(k) plan."

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