414(s) Compensation Test - How do I enter compensation for the test? 414(s) Compensation Test - How do I enter compensation for the test?

414(s) Compensation Test - How do I enter compensation for the test?

Melissa Howard Melissa Howard

We suggest using the grid '*ftw Primary 4 Census exclude certain comp(414s comp test) (d915e5d)' as the primary census grid - you can copy and modify it if you need to. This grid has three columns for compensation - statutory, entry date and plan compensation; plan compensation would be where you would enter the compensation that does not meet the safe harbor definition of compensation. You will need to enter amounts in all three columns for all participants. You would also need to indicate on the Set Combined Test parameters screen that compensation testing is required for the applicable sources, and enter a de minimis amount to use in the test. The compensation test report will be found under the combined test reports (after running the data scrub, allocations and the combined test).

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