Table of Contents

II. Participation ....................................................................................................................... 1

III. Elective deferral elections ................................................................................................. 3

IV. Elective deferrals – contribution limitation ....................................................................... 5

V. Distribution of excess elective deferrals ............................................................................ 7

VI. Actual Deferral Percentage test ......................................................................................... 9

VII. Distribution of excess contributions ................................................................................ 12

VIII. Recharacterization ........................................................................................................... 14

IX. Matching contributions .................................................................................................... 15

X. Forfeitures and vesting of matching contributions .......................................................... 17

XI. Qualified Matching Contributions ................................................................................... 18

XII. Limitations on employee and matching contributions .................................................... 19

XIII. Distribution of excess aggregate contributions ............................................................... 23

XIV. Qualified Nonelective Contributions ............................................................................... 27

XV. Nonforfeitability and vesting ........................................................................................... 28

XVI. Distribution limitations .................................................................................................... 29

XVII. Hardship distributions ..................................................................................................... 35

XVIII. Top-heavy requirements .................................................................................................. 37

XIX. SIMPLE 401(k) provisions.............................................................................................. 38

XX. Safe Harbor 401(k) (including QACA) ........................................................................... 44

XXI. Eligible Automatic Contribution Arrangement (EACA) ................................................ 55

APPENDIX – REDLINED VERSION SHOWING CHANGES FROM 2017 ........................... 59

ii | Cash or Deferred Arrangement (CODA) LRM Package 01-2024