Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Distribution \ Loan Clerk

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Retirement Plan Relationship Manager

ERISA Services, Inc.

ERISA Services, Inc. logo

Employee Benefits and Executive Compensation Associate Attorney

(Portland ME / Boston MA)

Verrill logo

Fund Administrator

Plumbers Local Union No. 1 Benefit Funds
(Long Island City NY)

Retirement Plan Documents Specialist

Loren D. Stark Company

Loren D. Stark Company logo

Executive Compensation Lawyer

Trucker Huss, A Professional Corporation
(Remote / San Francisco CA)

Trucker Huss, A Professional Corporation logo

Retirement Plan Consultant

Carpenter Morse Group

Carpenter Morse Group logo

Administrator/Consultant (DC and DB)

TPA Professionals
(Remote / Fort Myers FL)

DC Plan Administrator

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Retirement Plan Specialist

RTD Financial Advisors
(Philadelphia PA)

RTD Financial Advisors logo

Retirement Plan Legal Specialist

(Remote / West Harrison NY)

Pentegra logo

Retirement Plan Administrator (TPA)

Retirement Plan Consultants

Retirement Plan Consultants logo

Jr Retirement Plan Administrator/ Administrative Assistant

Hochheiser Deutsch & Co, Inc.
(Melville NY)

Hochheiser Deutsch & Co, Inc. logo

Quality Assurance Manager

Bates & Company
(Remote / Winter Park FL)

Bates & Company logo

Compliance Analyst

(Remote / West Harrison NY)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Employee Missed Deferral Opportunities, Might Not Have Been Notified
BenefitsLink Message BoardsLink to more items from this source
Sept. 10, 2021

"Company sends out an email to all employees before the entry dates to notify them that it's time to enroll or change their elections. Eligibility is one year (1,000 hours) and then enter on 1/1 or 7/1 following. A key employee's wife, who is a part-time employee, was eligible for the plan as of 7/1/2020. She did not enroll in the plan. Administrator missed her in the 2020 safe harbor calculation because of her part-time status, and didn't realize she worked more than 1,000 hours in 2019. She worked 936 hours in 2020. Her date of hire was 1/7/2019. She worked 1,039 hours in 2019.

Is the email that was sent enough proof that she was notified? Or is a corrective contribution needed? They don't individually notify anyone and never have had an issue."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2023, Inc.