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Full Version: ADP refund earnings and catch-ups
BenefitsLink Message Boards > Retirement Plans > 401(k) Plans
HFOSTER
In calculating earnings for an ADP refund, I multiply the years actual earnings by the excess contribution/ the beginning of year balance plus the "deferrals" for the year.

In this formula do the "deferrals" include catch-up contributions? In this case I have amounts over 12,000 for 2003.


THANKS biggrin.gif
jaemmons
Yes, if they are deposited to the same money type on your administration/record-keeping system.
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