Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Missed Match for HCE But Would Have Caused a 415 Issue Anyway
BenefitsLink Message Boards Feb. 4, 2021 "For some reason, payroll company stopped the matching contribution for everyone mid-2019. We only do the PS and just enter the match for (a)(4) testing. Owner HCE was maxed out to $62,000. They are going to make up the match for everyone else. Should they bother with the owner? Otherwise, he will have a 415 excess and get some of his deferrals refunded. (He's the only one with a 415 issue in either 2019 or '20.)" |
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