A client's 401(k) plan has an excess match that was made to an HCE. The match is an excess match due to a miscalculation of the match amount. There are no excess salary deferrals.

It's my understanding that the match must be forefeited (with earnings) and placed in the suspense account. Is that still the current IRS thinking on this matter. Also, just FYI, no need to recalculate the nondiscrimination test since the test was run using the correct amount of match. Thanks for any ideas.