Allocation won't run or not all contributions are calculated Allocation won't run or not all contributions are calculated

Allocation won't run or not all contributions are calculated

Aimee Nash Aimee Nash

With all contributions you should review the allocation report and make sure that the appropriate compensation fields are populated, and that the eligibility is correct.

If you are uploading employer contributions on the census, make sure the appropriate override is set on the first block in the Allocation section of the Tasks menu e.g. Match allocation manual override or Nonelective allocation manual override. If the override is not set to Yes before running the data scrub, the scrub will wipe out the amounts on the census.

Conversely, if one of these overrides is set to Yes, and you do not upload employer contributions, when you run the allocation, the contribution amounts will not be calculated.

If the nonelective formula is new comparability, the groups need to be specified on the census as 'Group 1', 'Group 2' etc rather than just '1', '2' etc.

Always check the results screen after you run the allocation for any messages - these will help you determine the cause of the problem. Common problems which trigger a message are:

  • The plan is top-heavy and the allocation amount is insufficient to meet top-heavy minimums.
  • The plan is top-heavy and there are self-employed people on the census; in this scenario you need to select the option to override the top heavy minimum allocation percent, and enter 3.0, or other applicable number, in the field below.
  • The formula entered for an integrated plan is non-compliant.
  • The nonelective contribution is a new comparability formula and 'Maximize' or 'Dollar' are selected as the allocation type. The allocation type must always be 'Specified' for new comparability.

Add comment

Please sign in to leave a comment.