Top-heavy minimum amounts not being calculated Top-heavy minimum amounts not being calculated

Top-heavy minimum amounts not being calculated

Jane Nickalls Jane Nickalls
Make sure that:
  • The plan is coded ‘Top-heavy as of determination date’ (in Top Heavy parameters)
  • The option: ‘Design of plan automatically meets top-heavy requirement’ is coded No (in the Top Heavy section of Allocation Parameters)
  • There are key employees identified for the current year and they have made contributions
  • The ‘Profit Sharing’ source is active
  • The compensation fields are populated on the census

Also check the results screen after you click the 'Do Allocations' link. There may be a message indicating a problem with the allocation parameters.

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