Retirement Plan Relationship Manager ERISA Services, Inc. |
Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
Retirement Plan Legal Specialist Pentegra |
Prime Pensions, Inc. |
Central Pension Fund of the IUOE |
United 401(k) Plans, Inc. |
Carpenter Morse Group |
Bates & Company |
Compass Retirement Consulting Group, Inc. |
Nicholas Pension Consultants |
Retirement, LLC |
Trucker Huss, A Professional Corporation |
Central Pension Fund of the IUOE |
Nova 401(k) Associates |
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Is Top-Heavy Minimum Required in This Situation? BenefitsLink Message Boards ![]() Jan. 29, 2021 "We have a new 401k/PSP plan with an effective date of 1/1/2020, but a special effective date of 11/1/2020 for 401k deferrals and safe harbor (3% non-elective) contribs (it was adopted late in the year), so the 401k and SH provisions were just effective for the last two months of the year (from adoption date forward). Note -- the plan will be top-heavy. If the only contribs for the year are the two months of deferrals and the SH 3%, will the plan be deemed to satisfy top-heavy minimum? Or will the employer need to top off all employees at 3% of comp for the entire year?" |
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