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 Basics of 401(k) Nondiscrimination Testing

July 31st 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.

Plan Testing

Deadlines for 401(k) Nondiscrimination Testing

By: Eric Droblyen

July 30th 2021

While a professional TPA usually completes 401k testing, employers must understand the deadlines that apply to test corrections and contribution deposits.

Plan Testing

The Coverage Test - What You Need to Know

By: Eric Droblyen

July 29th 2021

The IRC section 410(b) coverage test ensures a 401(k) plan sufficiently covers Non-Highly Compensated Employees. Employers should understand its basics.

Plan Testing

The ADP and ACP Tests - What You Need to Know

By: Eric Droblyen

July 27th 2021

Learn about the ADP & ACP tests – the two of the three main 401(k) nondiscrimination tests.

Plan Testing

The Top Heavy Test - What You Need to Know

By: Eric Droblyen

July 26th 2021

Learn everything you need to know about the Top Heavy Test – an important 401(k) nondiscrimination test.

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