Are there any guidelines for setting up nonelective contributions to a 401K plan? — Cloud Customer Connect
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Are there any guidelines for setting up nonelective contributions to a 401K plan?

in Payroll and Global Payroll Interface (GPI) 2 comments

Summary:

We need to set up elements to capture 401K employer contributions that are a straight percentage of employee's compensation, regardless of whether the employee has elected to contribute to the plan. This would be in addition to the employer match contributions we already have in place. Are there any guidelines for setting up the necessary elements for nonelective contributions?

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25C


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