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Effects of Mid-Year Increase in Match But Only for Employees of a Participating Employer, Not the Plan Sponsor
BenefitsLink Message BoardsLink to more items from this source
June 3, 2021

"Client has a discretionary match formula, first half of the year they've done 100% up to 2% but starting July 1 will increase to 3%. They however want to leave the participating sponsor employees at the 2%. My thought is that is acceptable as long as they pass ACP and as long as there isn't a disproportional amount of NHCEs in the participating sponsor. Would you agree?"

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