The Frugal Fiduciary Small Business 401(k) Blog
Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
![The 402(g) Limit For 401(k) Plans – FAQs for Employers](https://www.employeefiduciary.com/hubfs/Shutterstock%2085479841.jpg)
The 402(g) Limit For 401(k) Plans – FAQs for Employers
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
October 10th 2023
The 402(g) limit may be the most straightforward 401(k) contribution limit, but it can get complicated fast when an individual contributes to multiple plans in a year.
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![SECURE 2.0 Non-Discrimination Testing Changes: Good News for Small Businesses](https://www.employeefiduciary.com/hubfs/manaddingtosavingsjar-1.jpg)
SECURE 2.0 Non-Discrimination Testing Changes: Good News for Small Businesses
![](https://www.employeefiduciary.com/hubfs/Furgala%20Headshot.jpeg)
By: Brian Furgala
August 1st 2023
The 401(k) non-discrimination testing changes made by SECURE 2.0 can help a small business increase employee savings and reduce plan costs.
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![The 415(c) Limit For 401(k) Plans – FAQs for Employers](https://www.employeefiduciary.com/hubfs/shutterstock_613121831-1.jpg)
The 415(c) Limit For 401(k) Plans – FAQs for Employers
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
September 13th 2022
The 415(c) limit caps the “annual additions” a 401(k) plan can allocate to participants each “limitation year.” To avoid violations, check out our FAQ.
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![The ADP and ACP Tests - What You Need to Know](https://www.employeefiduciary.com/hubfs/The%20ADP%20and%20ACP%20Tests%20-%20What%20You%20Need%20to%20Know-1.jpg)
The ADP and ACP Tests - What You Need to Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
July 1st 2021
Learn about the ADP & ACP tests – the two of the three main 401(k) nondiscrimination tests.
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![The Top Heavy Test - What You Need to Know](https://www.employeefiduciary.com/hubfs/shutterstock_229003033-1.jpg)
The Top Heavy Test - What You Need to Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
July 1st 2021
Learn everything you need to know about the Top Heavy Test – an important 401(k) nondiscrimination test.
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![401(k) Nondiscrimination Testing - Basics and Deadlines](https://www.employeefiduciary.com/hubfs/blog-files/its-401k-testing-season-what-small-businesses-need-to-know-about-401k-testing.jpg)
401(k) Nondiscrimination Testing - Basics and Deadlines
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
January 19th 2021
401(k) plans must pass nondiscrimination tests each year to confirm HCEs do not disproportionately benefit and that no IRS contribution limits are exceeded.
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![401(k) Testing – Deadlines Employers Should Know](https://www.employeefiduciary.com/hubfs/401%28k%29%20Testing%20%E2%80%93%20Deadlines%20Employers%20Should%20Know.jpg)
401(k) Testing – Deadlines Employers Should Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
January 22nd 2020
While a professional TPA usually completes 401k testing, employers must understand the deadlines that apply to test corrections and contribution deposits.
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![How to Attribute Family Ownership When 401(k) Plan Testing](https://www.employeefiduciary.com/hubfs/401k-testing-attribution-family-member-ownership.jpg)
How to Attribute Family Ownership When 401(k) Plan Testing
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
November 27th 2019
Under the 401(k) family attribution rules, individuals are attributed the ownership of family members. These rules can greatly affect plan test results.
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![401(k) Plan Coverage Testing – What Employers Need to Know](https://www.employeefiduciary.com/hubfs/Screen%20Shot%202018-04-16%20at%2011.59.14%20AM.png)
401(k) Plan Coverage Testing – What Employers Need to Know
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
April 18th 2018
The IRC section 410(b) coverage test ensures a 401(k) plan sufficiently covers Non-Highly Compensated Employees. Employers should understand its basics.
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![When ADP/ACP Testing Fails, 401(k) Fiduciaries Should Understand Their Options](http://www.employeefiduciary.com/hubfs/blog-files/excise-tax.jpg)
When ADP/ACP Testing Fails, 401(k) Fiduciaries Should Understand Their Options
![](http://www.employeefiduciary.com/hs-fs/hub/227641/file-2447430245-jpeg/images/7ef818d1f78a3ade3fe31c0d5d241188.jpeg)
By: Eric Droblyen
March 23rd 2016
March 15 was the deadline for most 401k plans to distribute 2015 ADP/ACP test corrections in order to avoid a 10% IRS excise tax. Small business 401k fiduciaries do not need to settle for annual ADP/ACP test failures. There are many ways ADP/ACP test returns can be avoided or reduced. Once a fiduciary understands these options, they can discuss them with their 401k provider.
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