BN350 - Coverage Test - Classification
Run Coverage Test - Classification (BN350) to determine whether a qualified
pension plan satisfies the classification test.
For each $5,000.00 pay classification, eligible employees list along
with their birthdate and hire date. The report lists the plans in which the
employee is enrolled, including start and stop dates. The report shows the
total number of eligible employees and plan participants for eachclassification.
**Processing Effect
BN350 compares the number of eligible employees with the number of enrolled
employees by classifications based on compensation. Each classification is
a $5,000.00 increment, using the rate of pay in HR11.1 (Employee) for each
employee.
Employees are eligible if they meet the employee group and benefit postal
code requirements defined in BN15.1 (Benefit Plan). BN350 uses the system
date to determine active participants.
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File created: Thu Jun 09 11:10:39 2016
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