Is There a 401K Non-Discrimination Report Available in Oracle Payroll?
(Doc ID 144115.1)
Last updated on AUGUST 11, 2022
Applies to:
Oracle Payroll - Version 11.5.10.2 to 12.1 HRMS RUP4 [Release 11.5 to 12.1]Information in this document applies to any platform.
Goal
Does Oracle Payroll have a 401K Non-Discrimination Report?
Background Information: 401K Non-Discrimination Testing:
In addition to meeting the general requirements of a qualified plan, a qualified 401K plan must satisfy one of two tests showing that it does not discriminate in favor of highly compensated employees in terms of the percentage of compensation actually deferred by participants.
In addition to meeting the general requirements of a qualified plan, a qualified 401K plan must satisfy one of two tests showing that it does not discriminate in favor of highly compensated employees in terms of the percentage of compensation actually deferred by participants.
Solution
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