Question: Safe harbor Section 4 0 1 ( k ) plans are appropriate for employers who want to encourage plan participation among highly compensated employees. want

Safe harbor Section 401(k) plans are appropriate for employers who
want to encourage plan participation among highly compensated employees.
want a plan that must be tested annually for coverage requirements.
want to provide for a high level of employee elective deferrals without annual discrimination testing.
have highly compensated employees whose elective deferrals would be limited in a traditional Section 401(k) plan because of ADP testing.

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