A test applied to retirement plan contributions in order to prevent the plan from discriminating against non-highly compensated employees.
Related information about average contribution percentage:
- What is average contribution percentage? definition and meaning
Definition of average contribution percentage: A test applied to retirement plan contributions in order to prevent the plan from discriminating against non-highly ...
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Nov 8, 2012 ... Executive Benefit Plans, Inc. specializes in designing retirement plans that pass required testing.
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November 17, 2009 (PLANSPONSOR (b)lines) - The arrival of the final 403(b) regulations has transformed many compliance issues; however, the regulations ...
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The ACP test (Average Contribution Percentage) includes the employer match contributions, employee voluntary after-tax contributions and certain forfeitures ...
- 401k compliance testing rules
Non-Highly Compensated Employees, plus the average contribution percentage for each group • ADP Test Results -- Data Out, which shows the employee ...
- Benefit Planning Consultants : Compliance
This total is divided by the number of members of the group to obtain an average deferral percentage (ADP) or average contribution percentage (ACP).
- Defined Contribution Plans | Pinnacle Plan Design, LLC
... the Average Deferral Percentage (ADP) and Average Contribution Percentage (ACP) tests, to verify that deferred wages and employer matching contributions ...
- View / Print - Franklin Templeton
Average Annual Compensation . . . . . . . . . . . . . . . . . . . . . 2. 1.11. Average Contribution Percentage (ACP) . . . . . . . . . . . . . . . 2. 1.12. Average Deferral Percentage ...