eilano
Jan 14 2004, 11:07 AM
Employee became a "statutory" employee during the third quarter of 2003. It is our understanding that a "statutory" employee is somewhere between a 1099 and W2 employee. If the plan document excludes "statutory" employees, can this person be excluded from the plan for allocation purposes for the 2003 plan year? The plan has a last day and 1000 hour requirement to receive a contribution.