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When ADP/ACP Testing Fails, 401(k) Fiduciaries Should Understand Their Options
Employee Fiduciary
Mar. 23, 2016 "Although approximately 30% of 401k plans subject to ADP/ACP testing fail, it's an outcome most small businesses want to avoid. [Here] are steps a 401k fiduciary can take to do that. [1] Become a safe harbor 401k plan ... [2] Increase non-HCE Participation ... [3] Evaluate your testing options." MORE >> |
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