rlb64
Nov 2 2010, 07:41 AM
With the risk of oversimplying things, company adopts a 3% participant directed profit sharing for hourly employees and a 3% cash balance for salaried employees. Company must permissively aggregate both plans for 401a4. Would the participant direction among other benefits be considered a benefits rights and feature that must be tested? Would both plans need to be tested for BRF? What are the issues?