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Full Version: Calculation of income on excess contributions resulting from failed ADP test
BenefitsLink Message Boards > Retirement Plans > 401(k) Plans
ChopperPilot
Can anyone suggest a simple "permitted" way to calculate the gain on excess contributions.
James Osterhaus
Total gain for the year (per source) / year ending balance * excess cont. amt.
ChopperPilot
That's easy. Thanx.
austin3515
How bout the one specified by your Plan Document. It should be in there...
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