May an employer include “leased employees” in a 401(k) plan?
Not as such. Benetech will not provide administrative services for 401(k) plans that cover leased employees. There are several complex issues that arise when a plan attempts to include leased employees in the plan. One basic issue is how does a participant who is leased complete the salary deferral agreement considering the fact that a leased employee is performing services for one company but is paid by another company.
Related Questions
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- May an employer include "leased employees" in a 401(k) plan?
